Merchandise retailer Children's Place Jun sales gain 21%
10 Jul '06
3 min read
The Children's Place Retail Stores Inc announced sales results for the five-week period ended July 1, 2006.
June 2006 Total consolidated sales for the five-week period ended July 1, 2006, increased 21 percent to $151.7 million, compared to sales of $125.4 million reported for June 2005. Consolidated comparable store sales increased 14 percent in June.
The Children's Place brand's sales were $98.3 million, a 23 percent increase compared to last year's sales of $80.0 million. Comparable store sales increased 15 percent on top of last year's 2 percent increase.
Disney Store's sales were $53.4 million, an 18 percent increase compared to last year's sales of $45.4 million. Comparable store sales increased 12 percent.
During June, the Company opened nine Children's Place stores and two Disney Stores. Year-to-Date Period
Total consolidated sales for the twenty-two weeks ended July 1, 2006, increased 18 percent to $691.1 million, compared to sales of $585.0 million reported for the same period last year. Consolidated comparable store sales increased 12 percent for the year-to-date period.
The Children's Place brand's sales were $500.0 million for the twenty-two week period, an 18 percent increase compared to last year's sales of $424.2 million. Comparable store sales increased 11 percent on top of last year's 9 percent increase.
Disney Store's sales were $191.1 million, a 19 percent increase compared to lastyear's sales of $160.8 million. Comparable store sales increased 15 percent.
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