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Bombay Company reports Q2 revenues jump 4%

04 Aug '05
3 min read

Home accessories marketer The Bombay Company Inc reported the total revenue was $33.6 million for the four-week period ended July 30, 2005 compared to $34.6 million for the four-week period ended July 31, 2004, a 3% decline.

Excluding amounts related to Bailey Street Trading Company ("Bailey Street"), revenue increased 1% to $33.6 million for the current year period from $33.2 million during the corresponding period of the prior year.

Same store sales for stores opened more than one year declined 3%. Revenue from non-store activity, including internet, Mail Order, Bailey Street and International, was 5% of total revenue for fiscal July 2005 compared to 10% for fiscal July 2004, a decline of $1.8 million of which $1.4 million related to the Bailey Street operations.

For the second quarter, total revenue increased 4% to $128.0 million for the thirteen-week period ended July 30, 2005 compared to $122.5 million for the thirteen-week period ended July 31, 2004. Excluding Bailey Street, revenue increased 5% to $124.7 million from $118.9 million last year. Same store sales increased 1% for the quarter. Revenue from non-store activity was 4% for the period compared to 9% for the second quarter last year.

For the twenty-six weeks ended July 30, 2005, total revenue increased 1% to $250.1 million from last year's $246.1 million while same store sales declined 2%. Excluding Bailey Street, revenue increased 2% to $243.2 million from $238.5 million last year. Revenue from non-store activity was 5% of total revenue for the period compared to 9% for the corresponding twenty-six week period of the prior year.

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