Nov performance in line with Mothers Work previous guidance
07 Dec '07
2 min read
Rebecca Matthias, President, Chief Creative Officer and Acting Chief Merchandising Officer of Mothers Work, noted, "Our sales performance for the month of November 2007 was in line with our previous guidance that we provided in our November 20, 2007 press release, and reflects an improved sales trend compared to our comparable store sales decline of 3.9% in October.
We continue to feel very good about our product lines, our inventory position and our overall business; however, we recognize that we continue to be faced with a weak overall economic and retail environment and are still seeing some negative impact, although to a lesser extent than during this past Spring and Summer, of the more pregnancy-friendly fit of certain non-maternity fashion trends.
Looking forward, we continue to focus on developing great maternity product under each of our brands and continuing our focus on improving our sales and profitability performance, including continuing to roll out our multi-brand stores."