Nation's leading clothing e-tailer Talbots Inc announced total Company sales for fiscal October, the four weeks ended October 29, 2005, increased 3 percent to $147.3 million from $143.1 million for the four weeks ended October 30, 2004. Comparable store sales decreased 0.3 percent for the month.
For the thirteen weeks of the third fiscal quarter ended October 29, 2005, total Company sales increased 3 percent to $426.3 million from $413.4 million last year. Retail store sales increased 2 percent to $362.6 million from $356.0 million in the same period last year.
Comparable store sales decreased 2.0 percent for the quarter. Direct Marketing sales, which include catalog and Internet, increased 11 percent to $63.7 million from $57.4 million in the same period last year.
The Company has raised its outlook for third quarter earnings per share to a range of $0.35 - $0.36, which exceeds the previously announced range of $0.30 - $0.34. This compares to last year's reported $0.49, which included an $0.08 tax benefit. Excluding the tax benefit, last year's third quarter earnings per share were $0.41.
Year-to-date sales for the thirty-nine weeks ended October 29, 2005, increased 8 percent to $1,322.4 million from the $1,227.1 million reported for the thirty-nine weeks ended October 30, 2004. Retail store sales increased 7 percent for the period, to $1,129.5 million versus $1,053.7 million last year.
Comparable store sales increased 3.0 percent for the year-to-date period, and Direct Marketing sales increased 11 percent to $192.9 million compared to $173.4 million last year.