San Francisco based family specialty retail brands products provider Gymboree Corporation reported net sales from retail operations for the four-week period ended November 26, 2005, of $65.1 million, an increase of 25 percent compared to net sales from continuing retail operations of $52.2 million for the same four-week period last year.
Comparable store sales for the four-week period increased 22 percent compared to a 10 percent decrease in comparable store sales for the same period last year.
The Company now expects that comparable store sales for the fourth quarter will be positive mid-single digits compared to the prior year.
The Company now anticipates earnings from continuing operations for the fourth fiscal quarter to be in the range of $0.40 to $0.42 per diluted share.
For the full fiscal year 2005, the Company anticipates its earnings from continuing operations to be in the range of $0.80 to $0.82 per diluted share.
As of November 26, 2005, the Company operated a total of 667 stores: 574 Gymboree retail stores (546 in the United States and 28 in Canada), 12 Gymboree Outlet retail stores, 64 Janie and Jack retail shops and 17 Janeville retail stores in the United States.
The Company also operates online stores offers directed parent-child developmental play programs at 535 franchised and company-operated centers in the United States and 25 other countries.
marketing@alchempro.com
