Payless ShoeSource same-store sales rise 2.2% in Q2
04 Aug '06
1 min read
Footwear maker Payless ShoeSource Inc reported that same-store sales increased 2.2 percent during the second quarter of fiscal 2006, the thirteen weeks ended July 29, 2006.
Total sales for the second quarter were $706.4 million, a 1.8 percent increase from $693.9 million during the second quarter 2005.
"Our results in the second quarter represent the sixth consecutive quarter that we have achieved positive comparable store sales results," said Matthew Rubel, CEO and President.
"Our customers responded particularly well to our assortments in women's athletic and casual shoes, girl's shoes, and men's dress and casual shoes. Looking forward, continuing to implement the various components of our strategy will serve as a catalyst to reach new customers and increase our share of our current customers' footwear purchases," he added.
The company intends to report financial results for the second quarter 2006 on Wednesday, August 23, 2006.
Payless ShoeSource Inc is the largest specialty family footwear retailer in the Western Hemisphere, dedicated to democratizing fashion and design in footwear and accessories and inspiring fun, fashion possibilities for the family at a great value.
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