Deb Shops Inc reported that comparable store sales decreased 2.0% in July 2007 as compared to July 2006. Total sales increased 0.5% to $23.2 million from $23.1 million in July 2006.
For the quarter ended July 31, 2007, comparable store sales increased 0.1% and total sales increased 2.7% to $77.4 million from $75.3 million for the prior year quarter.
During the six-month period ended July 31, 2007,comparable store sales decreased 0.1% while total sales increased 2.9% to $161.1 million from $156.6 million for the prior year period.
The Company reports financial results on the calendar month. Therefore, differences in timing will occur when comparing Deb Shops' results to those of retailers reporting on a 4-5-4 calendar. During the month of July 2007, there were four Saturdays compared to five Saturdays in July 2006.
Deb Shops Inc is a national specialty retailer of fashionable apparel, shoes and accessories for juniors in both regular and plus sizes.
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