United Retail Group same-store sales up in March 2006
06 Apr '06
1 min read
Plus-size women's fashion retailer United Retail Group Inc has announced that net sales increased 2 percent to $40.7 million for March 2006 from $40.0 million for March 2005.
Notably, the shift in Easter timing to April of this year from March 2005 benefited sales for March of last year. Same-store sales for the month increased 2 percent.
For the fiscal quarter to date, net sales were flat at $70.0 million compared with $69.9 million in the same period last year. Same-store sales for the fiscal quarter to date increased 1 percent.
Raphael Benaroya, the company's Chairman of the Board, President and CEO said, "I am very pleased with the month's results considering that last year's numbers included sales from Easter week - a meaningful and important selling week in our business."
United Retail Group Inc is a specialty retailer of large-size women's fashion apparel, footwear and accessories featuring AVENUE brand merchandise. It operates 497 AVENUE stores with 2,184,000 square feet of selling space, as well as the AVENUE.COM website.
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