Interviews
News Flash
Payless ShoeSource same store sales go up 1.7% in June
08 Jul '05
2 min read
Largest family footwear & accessory retailer Payless Shoesource Inc announced same store sales increased 1.7 percent during the June reporting period, the five weeks ended July 2, 2005. All data in this press release relate to continuing operations.
Company sales totaled $275.8 million, a 0.3 percent decrease from $276.6 million during fiscal June of last year.
- The fiscal year for operations in the company's Latin American region and Japan is based on a December 31 year-end. Operations in the company's Latin American region (178 stores) and Japan are included in total company results on a one-month lag relative to results from other regions.
- Same-store sales represent sales of those stores in the United States, Canada, Puerto Rico, Guam and Saipan that were open during both periods. Same-store-sales exclude stores in the company's Latin American region.
Our June Sales performance was consistent with the company's long term objectives. Looking forward, Payless ShoeSource remains committed to its goal to continue to achieve low single-digit positive same-store sales on a consistent basis, through successful execution of our merchandise authority strategy.
Payless ShoeSource Inc is the largest specialty family footwear retailer in the Western Hemisphere. As of the end of June 2005, the Company operated a total of 4,632 stores offering quality family footwear and accessories at affordable prices. In addition, customers can buy shoes over the Internet through Payless.com, at http://www.payless.com.
Company sales totaled $275.8 million, a 0.3 percent decrease from $276.6 million during fiscal June of last year.
- The fiscal year for operations in the company's Latin American region and Japan is based on a December 31 year-end. Operations in the company's Latin American region (178 stores) and Japan are included in total company results on a one-month lag relative to results from other regions.
- Same-store sales represent sales of those stores in the United States, Canada, Puerto Rico, Guam and Saipan that were open during both periods. Same-store-sales exclude stores in the company's Latin American region.
Our June Sales performance was consistent with the company's long term objectives. Looking forward, Payless ShoeSource remains committed to its goal to continue to achieve low single-digit positive same-store sales on a consistent basis, through successful execution of our merchandise authority strategy.
Payless ShoeSource Inc is the largest specialty family footwear retailer in the Western Hemisphere. As of the end of June 2005, the Company operated a total of 4,632 stores offering quality family footwear and accessories at affordable prices. In addition, customers can buy shoes over the Internet through Payless.com, at http://www.payless.com.
Payless Shoesource Inc
Popular News
Leave your Comments
Editor’s Pick
Nailya Belkacemi
Pattern Cutting Studio Ltd
Kanika Vohra and Anuradha Chandrashekar
ICH Creative Consulting
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
