Women's clothing retailer AnnTaylor Stores Corporation has announced that total net sales for the four-week period ended May 27th 2006 increased 22.8 percent to $217.6 million over total net sales of $177.1 million for the four-week period ended May 28th 2005.
By division, net sales were $82.2 million for Ann Taylor compared to $74.8 million last year, and $110.9 million for Ann Taylor LOFT compared to $85.4 million last year.
Comparable store sales for the period increased 12.0 percent compared to a comparable store sales decrease of 7.1 percent for the same four-week period last year. By division, comparable store sales for fiscal May 2006 were up 10.4 percent for Ann Taylor compared to a 6.3 percent decrease last year, and up 14.0 percent for Ann Taylor LOFT compared to an 8.7 percent decrease last year.
Kay Krill, President & CEO of Ann Taylor, stated, "Our sales momentum continued to be strong in all regions throughout the month of May in both brands. The Ann Taylor division delivered its tenth consecutive month of positive comparable store sales, and we continue to see excellent results in dresses, suits, skirts, woven tops and jewelry.”
“The LOFT division had another outstanding month, with fashion and embellishment selling across all categories. Dresses, skirts, gauchos, city shorts, feminine blouses, knit tops and separates and shoes were especially strong. Additionally, our petites business at both brands, in store and on-line, continued to perform well," he added further.
Ann Taylor is one of the country's leading women's specialty retailers, operating 824 stores in 46 states, the District of Columbia and Puerto Rico.
AnnTaylor Stores Corporation
marketing@alchempro.com
