Home / Knowledge / News / Apparel/Garments / Comparable sales up at Dress Barn
Comparable sales up at Dress Barn
Feb '10
Dress Barn, Inc. reported its second quarter sales results.

Net sales for the thirteen-week fiscal quarter ended January 23, 2010 increased 73.1% to $594.1 million, compared to $343.2 million reported for the thirteen weeks ended January 24, 2009. The increase is primarily due to the inclusion of Justice sales since the merger on November 25, 2009 and increased comparable store sales at dressbarn and maurices. Consolidated comparable store sales increased 10% and 8% for the fiscal quarter and six months ended January 23, 2010, respectively.

David R. Jaffe, President and Chief Executive Officer commented, "We were very pleased with the stronger than expected sales performance at each of our divisions during the quarter. Our commitment of offering fashion apparel at value prices continues to resonate with our customers. We are also pleased with our recent successful redemption of all outstanding 2.50% Convertible Senior Notes. This has further strengthened our balance sheet by eliminating $112.5 million of debt and reduced our interest expense. We continue to be committed to a comprehensive strategy of improving our business and flowing value to our shareholders."

Dress Barn, Inc. is a leading national specialty apparel retailer offering quality casual and career women's fashion apparel at value prices through its dressbarn and maurices brands and tween girls' fashion apparel through its Justice brand. As of January 23, 2010, the Company operated 837 dressbarn stores in 47 states, 739 maurices stores in 44 states and 906 Justice stores in 45 states and Puerto Rico.

Dress Barn Inc

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search