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Harold's Stores Q1 disappoints

23 May '06
2 min read

Net sales were $21.1 million, down from $24.0 million, for the same period in the previous year, a decrease of 11.9 percent. Comparable store sales decreased 16.6 percent, with full-price retail store sales declining by 17.2 percent and outlet store sales by 3.1 percent. Direct (internet and catalog) sales were approx. $1.1 million, 21.0 percent more than last year.

Founded in 1948 and headquartered in Dallas, Texas, Harold's Stores Inc, currently operates 42 upscale ladies' and men's specialty stores in 19 states. The company's Houston locations are known as 'Harold Powell.'

Harold's Stores Inc

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