Talbots Feb same-store sales drop due to impact of adverse weather
02 Mar '06
1 min read
Women's apparel retailer Talbots Inc announced that total company sales for fiscal February, the four weeks ended February 25th 2006, decreased 2 percent to $91.4 million from $93.0 million for the four weeks ended February 26th 2005.
Same store sales decreased 6.0 percent for the month.
Arnold Zetcher, Chairman, President and CEO, said, "While our sales trends at the beginning of the period were as planned, our total February comparable store sales results were significantly impacted by the major snowstorm that swept across much of the country in the middle of the month.”
"We are now focusing our energies on the true start of our spring selling season in March, and we are excited about our new merchandise assortments, which we are supporting with a broad marketing campaign," concluded Zetcher.
Talbots is a leading national specialty retailer and cataloger of women's, children's and men's classic apparel, shoes and accessories.
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