CORRECTED - CORRECTED-UPDATE 2-KarpReilly withdraws nominees to Charlotte Ru

viernes 17 de abril de 2009 20:25 CEST

(Corrects paragraph 6 to clarify that the company said it has the opportunity, not that it expects, to expand its outlet locations by 60)

* Charlotte Russe nominees get support from proxy firms

* KarpReilly withdraws three nominees

* Q2 sales up 3.3 pct to $191.2 mln

* Sees Q3 adj EPS $0.17-$0.27 vs est $0.24 (Adds quarterly results, conference call details)

April 16 (Reuters) - Charlotte Russe Holding Inc CHIC.O said shareholder KarpReilly LLC withdrew its nominees to the company's board, after two proxy advisory firms recommended shareholders re-elect all seven directors.

Separately, Charlotte Russe posted a second-quarter profit of 4 cents a share, that missed estimates by a cent, and it forecast third-quarter profit largely in line with market estimates. [ID:nWNAB4238]

The women's-apparel retailer, which is carrying out a process for the sale of the company, said all of its nominees have received support of Riskmetrics Group and Glass Lewis.

KarpReilly had proposed to buy Charlotte Russe in November 2008 but subsequently withdrew its proposal.   Continuación...