Comparable store sales (stores open more than a year) increased by 2.6 percent in the second quarter of the current year over the second quarter of the prior year, and for the six months the increase was 4.1 percent.
Mr. Irving Teitelbaum, Chairman and Chief Executive Officer of the Corporation, said “We are pleased that the strong sales and net earnings growth in the first quarter of fiscal 2007 have continued in the second quarter. Our strong balance sheet and half-year results make our current ambitious new store expansion program in both power centres and mall locations even more compelling.”
The Board declared a quarterly dividend of $0.20 per share payable on September 20, 2006 to shareholders of record on September 6, 2006.
La Senza Corporation, headquartered in Montreal, is a specialty retailer with 310 corporate owned stores as at July 29, 2006, offering fashionable lingerie and sleepwear sold in its 227 “La Senza” and “La Senza Express” stores, and fashionable apparel for girls sold in its 83 “La Senza Girl” stores. Stores are located in every province in Canada.
In addition, 306 independently owned “La Senza” and “La Senza Girl” stores are operating in 30 other countries under license.
marketing@alchempro.com
