>>
Home / Knowledge / News / Apparel/Garments / Off price retailer Syms Corp's net sales down

Off price retailer Syms Corp's net sales down

21
Apr '06
Leading off-price apparel retailer Syms Corp announced results for their fourth quarter and fiscal year ended February 25, 2006.

The Company's net income for the thirteen weeks ended February 25, 2006 was $0.16 per share ($2.4 million) as compared to a net income of $0.26 per share ($3.9 million) for the thirteen weeks ended February 26, 2005. The Company had a net income for the fifty-two weeks ended February 25, 2006 of $0.23 per share ($3.4 million) as compared to a net income of $0.14 per share ($2.2 million) for the fifty-two weeks ended February 26, 2005.

Net sales for the thirteen weeks ended February 25, 2006 decreased 1.6 percent to $76.8 million compared to $78.0 million for the thirteen weeks ended February 26, 2005. Net sales for the fifty-two weeks ended February 25, 2006 decreased 1.1 percent to $280.4 million as compared to $283.6 million for the fifty-two week period last year.

Same store sales increased 1.1 percent for the fifty-two week period ended February 25, 2006, as compared to the fifty two weeks ended February 26, 2005, and declined 1.4 percent for the fourth quarter, as compared to the same period last year.

Syms Corp currently operates a chain of thirty seven "off-price" apparel stores located throughout the Northeastern and Middle Atlantic regions and in the Midwest, Southeast and Southwest. Each Syms store offers a broad range of first quality, in-season merchandise bearing nationally recognized designer and brand-name labels.

Syms Corp


Must ReadView All

Pic: Shutterstock.com

Textiles | On 24th Jan 2022

World economy to lose $12.5 trn in output by 2024 due to COVID: IMF

The world economy will lose $12.5 trillion in output by 2024 due to...

Pic: Karin59 | Dreamstime.com

Textiles | On 24th Jan 2022

Investor confidence in Germany rises in Jan despite supply crunch

Investor confidence in Germany rose in January, say recent figures,...

Pic: Nikolay Antonov | Dreamstime.com

Textiles | On 24th Jan 2022

People's Bank of China cuts benchmark lending rates

China’s central bank has cut the benchmark lending rate of loan prime ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Textile Industry, Head honchos

Textile Industry
Head honchos

Switch was not 100% pandemic related

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Daniele Uboldi,

Daniele Uboldi

EptaInks is the screen-printing division of Eptanova, a company that...

Atul Ganatra,

Atul Ganatra

<div>Engaged in providing a wide range of services to the entire cotton...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Frank Heislitz, Freudenberg Performance Materials

Frank Heislitz
Freudenberg Performance Materials

Freudenberg Performance Materials is a leading global manufacturer of...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Ritu Kumar, Label - Ritu Kumar

Ritu Kumar
Label - Ritu Kumar

<b>Ritu Kumar</b> is the most respected designerwear brand in India...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Tommy Hilfiger
Asos
Page Industries Limited (Bangalore)
H;&M Hennes ;& Mauritz (Far East) Ltd
Puma
Landmark Group
Benetton Group
Under Armour Global Sourcing Ltd
Rosset ;& Cia Limited
IDH – The Sustainable Trade Initiative
Helly Hansen Far East Ltd
G-Star Raw C.V.
Tory Burch Hong Kong Ltd
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
PVH Corporation
NITI Aayog
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Vardhman Textile Ltd
Bluestem Global Sourcing Limited
Boardriders Asia Sourcing Limited
Green Fibre
BIANCA
Lululemon Athletica Inc
Lacoste (Wanchai)
John Varvatos
Vianney Textil Hogar S.A. De C.V.
Gloria Jeans
Tchibo GmbH
Abit
Gap International Sourcing Limited
Sportmaster Ltd.
Phong Phu international JSC (PPJ)
Hela Clothing Pvt Ltd
BIMBA ;& LOLA SL
MAS Active / MAS Kreeda / MAS Bodyline
Aramark Uniform ;& Career Apparel, LLC
Alison Hayes Romania
Lifestyle
Guess Europe Sagl,
TESCO INTERNATIONAL SOURCING LIMITED
Splash
Sateri (Jiujiang) Fiber Co.,Ltd
International Textile Manufacturers Federation
Hirdaramani International Export Private Limited
IKEA of Sweden AB
Groz-Beckert East Asia LLP
Recron Polyester from Reliance Industries Limited
THE BOMBAY DYEING ;& MFG.CO. LTD
Lisa S.P.A.
Chori Company Limited
Aquarelle Clothing Limited
SYNERGIES HONG KONG LIMITED
Truetzschler India Private Limited
Lenzing Aktiengesellschaft
Amazon China
Esprit Europe Services GmbH
The Top Form Brassiere Manufacturing Company Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Walmart
Permoda(Koaj/Armi/Pronto/Bkul)
OVS Hong Kong Sourcing Ltd.
Gatsby Africa
Grasim Industries Limited
Desigual - ABASIC, S.A.
Maceton Limited
The LYCRA Company Singapore  Pte. Ltd
Brandix Lanka Limited
KAS Direct Sourcing
Decathlon
Midas Clothing Limited
Chico’ FAS
Reiter India Private Limited
Seasalt Limited
Arvind Limited
Rayonese Textile Inc., Division de Culp Inc.
Sportswear Company Spa
T.T. Limited
Eastman Chemical Company
LC Waikiki
Etam Group Strategy Hong Kong Limited
Alix Partners
J ;& P Coats
Target Corporation (MN)
Restoque S.A.
Cat Tuong Real Estate Group Joint Stock Company
C;&A Sourcing International Ltd
Varner AS Retail
Sainsbury's Argos Asia Limited
KIABI
Calvin Klein

January 2022

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


Advanced Search