Leading multi-channel specialty apparel retailer specializing in women's plus-size apparel, Charming Shoppes Inc reported that total sales for the five weeks ended December 31, 2005 were $396,900,000, an increase of 40 percent compared to $283,800,000 for the five weeks ended January 1, 2005.
The current period's total sales include sales from Crosstown Traders Inc Comparable store sales for Charming Shoppes' retail store brands increased 5 percent for the five weeks ended December 31, 2005.
Total sales for the forty-eight weeks ended December 31, 2005 were $2,586,100,000, an increase of 17 percent compared to $2,207,700,000 for the forty-eight weeks ended January 1, 2005.
The current period's total sales include sales from Crosstown Traders Inc since its acquisition on June 2, 2005.
Comparable store sales for Charming Shoppes' retail store brands increased 3 percent for the forty-eight weeks ended December 31, 2005.
Comparable store sales by retail store brand for the five, nine and forty-eight week periods ended December 31, 2005 were:
Charming Shoppes' sales results for December were primarily driven by strong customer response to sales promotions during the final days leading into Christmas, as well as the post-Christmas week.
The Company's plans anticipate flat comparable store sales during January 2006 for the Company's retail store brands, and comparable store sales increases in the 4 percent-5 percent range for the 4th fiscal quarter ending January 28, 2006.