Apparel retailer Dress Barn indicates strong sales in July
05 Aug '05
2 min read
Apparel firm The Dress Barn Inc announced its monthly, fourth quarter and year end sales results.
Total sales for the four-week fiscal period ended July 30, 2005 increased 71 percent to $85.2 million compared to $49.7 million reported for the comparable four-weeks ended July 24, 2004. This year's sales include maurices, which was acquired January 2005. Comparable store sales increased 9 percent for the fiscal month.
Total sales for the thirteen-week fiscal period ended July 30, 2005 increased 57 percent to $307.3 million compared to $196.3 million reported for the comparable thirteen-week fiscal period ended July 24, 2004. Comparable store sales increased 6 percent for the fiscal quarter.
Total sales for the fifty-two week fiscal period ended July 30, 2005 increased 35 percent to $1,000.5 million compared to $743.2 million reported for the comparable fifty-two week fiscal period ended July 24, 2004. Comparable store sales increased 5 percent for the fiscal year, including maurices from January 2005.
Last year, the Company's fiscal year ended July 31, 2004, included a fifty-third week of sales. Total sales for this extra week were $11.7 million.
The Dress Barn Inc is a leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands. As of July 30, 2005, the Company operated 779 dressbarn stores in 45 statesand 493 maurices stores in 39 states. It operates chain of off-price women's apparel stores offering career fashions such as sportswear, dresses, suits, blazers and accessories to working women.
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