Teen retailer Deb Shops Inc reported that same-store sales decreased 1.1 percent for the month ended March 31st 2006.
Total sales increased 1.4 percent to $26.7 million from $26.3 million for the month ended March 31st 2005. During 2005, Easter occurred during March whereas in 2006, Easter will occur in the month of April.
The company reports financial results on the calendar month; therefore, differences in timing will occur when comparing Deb Shops' results to those of retailers reporting on a 4-5-4 calendar.
During the month of March 2006 there were five Fridays compared to four Fridays in March 2005.
Deb Shops Inc is a national specialty retailer of fashionable apparel, shoes and accessories for juniors in both regular and plus sizes. It operates 330 specialty apparel stores in 42 states under the DEB and Tops 'N Bottoms names.