Net sales for the quarter were $23.3 million, compared to $23.1 million for the same period in the previous year, an increase of 1.0 percent. Both total Company and full-line retail comparable store sales decreased 0.4 percent, while comparable outlet store sales declined 1.5 percent. The Company's direct sales (internet and catalog) were $803,000 during the quarter, almost double the sales of $405,000 last year.
Net sales for the year-to-date period were $67.6 million compared to $66.6 million for the same period in the prior year, an increase of 1.6 percent. Total comparable store sales were down 0.1 percent, with a decrease of 0.4 percent in the full- line retail stores and an increase of 6.1 percent in the outlet stores. The Company's direct sales (internet and catalog) were $2.4 million for the year- to-date, nearly three times the year ago levels of $837,000.
Harold's Stores Inc founded in 1948, is currently operates 41 upscale ladies' and men's specialty stores in 19 states. The Company's Houston locations are known as "Harold Powell."
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