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Charming Shoppes declares Nov sales

02 Dec '05
2 min read

Leading multi-channel specialty apparel retailer Charming Shoppes Inc reported that total sales for the four weeks ended November 26, 2005 were $233,600,000, an increase of 31 percent compared to $177,700,000 for the four weeks ended November 27, 2004.

The current period's total sales include sales from Crosstown Traders Inc. Comparable store sales for Charming Shoppes' retail store brands increased 9 percent for the four weeks ended November 26, 2005.

Total sales for the forty-three weeks ended November 26, 2005 were $2,188,100,000, an increase of 14 percent compared to $1,923,900,000 for the forty-three weeks ended November 27, 2004.

The current period's total sales include sales from Crosstown Traders, Inc. since its acquisition on June 2, 2005. Comparable store sales for Charming Shoppes' retail store brands increased 3 percent for the forty-three weeks ended November 26, 2005.

The Company's plans anticipate positive low single-digit comparable store sales for the Company's retail store brands during December 2005, compared to a comparable store sales decrease of 3 percent during December 2004.

On July 7, 2005, Charming Shoppes Inc announced that, beginning with next year's first fiscal quarter, the Company will commence reporting consolidated sales and comparable store sales on a quarterly basis, and will discontinue reporting consolidated sales and comparable store sales on a monthly basis.

For more detailed information on monthly sales, please call 1-866-CHRS-NEWS (1-866-247-7639) to listen to Charming Shoppes, Inc.'s prerecorded monthly sales commentary. This recording will be available until December 5, 2005.

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