>>
Home / Knowledge / News / Apparel/Garments / Talbots Q1 profit declines, warns on Q2

Talbots Q1 profit declines, warns on Q2

17
May '06
Women's clothing retailers The Talbots Inc announced results for the thirteen-week period ended April 29th 2006 compared to the thirteen-week period ended April 30th 2005.

The net sales for the quarter increased 1 percent to $453.0 million from $446.5 million reported for the thirteen weeks ended April 30th 2005. Retail store sales increased 2 percent to $384.9 million this year compared to $378.1 million last year. Included in retail sales was a 0.9 percent increase in comparable store sales.

Direct marketing sales of $68.1 million were approx. even with the $68.4 million reported in the prior year period. The company's first quarter results do not include the acquisition of the J Jill Group, which was completed on May 3rd 2006.

Talbots net income for the first quarter was $27.4 million, compared to $34.5 million for the first quarter last year. Earnings per diluted share, including $0.03 in stock option expense, were $0.51.

Arnold Zetcher, Chairman, President and CEO, said, "We reported first quarter earnings per share in line with our recently updated outlook and the First Call consensus estimate. Total company comparable store sales increased modestly in the period and our direct marketing business, including catalog and Internet, was approximately even with last year. Sales trends in our Talbots Woman large size concept continued to be very strong throughout the entire quarter, with comparable store sales rising 10 percent. In addition, our Talbots Kids performance was healthy, with a combined March/April comp store gain of 9 percent."


Must ReadView All

Pic: Anton_Ivanov / Shutterstock.com

Retail | On 27th Jan 2022

UK retail sales volumes fall at fastest rate in 11 months in Dec 2021

UK retail sales volumes fell by 3.7 per cent in December 2021, the...

Pic: Shutterstock

Textiles | On 27th Jan 2022

New train route links China’s Suzhou city to Milan in Italy

A new China-Europe freight train route has been started between...

Pic: Shutterstock

Apparel/Garments | On 27th Jan 2022

UN-WTO report underrates Bangladesh's RMG industry progress: BGMEA

The recent United Nations-World Trade Organisation joint report has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Ghatit Laheru,

Ghatit Laheru

When the 2001 tremblor wrecked the Kachchh region of Gujarat throwing many ...

Ilker Hacioglu,

Ilker Hacioglu

Founded by three partners of French origin in 1988, LC Waikiki started its ...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Asmita Marwa, Asmita Marwa Design

Asmita Marwa
Asmita Marwa Design

Indian fashion designer Asmita Marwa has been rated by Vogue as one of the ...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

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

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

January 2022

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


Advanced Search