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Ann Taylor announces Sept 2006 sales results

09
Oct '06

AnnTaylor Stores Corporation announced that total net sales for the five-week period ended September 30, 2006 increased 13.9 percent to $232.3 million over total net sales of $204.0 million for the five-week period ended October 1, 2005.

By division, net sales were $92.3 million for Ann Taylor compared to $84.0 million last year, and $110.2 million for Ann Taylor LOFT compared to $99.1 million last year.

Comparable store sales for the period increased 5.8 percent compared to a comparable store sales decrease of 2.7 percent for the same five-week period last year.

By division, comparable store sales for September 2006 were up 9.6 percent for Ann Taylor compared to a 4.0 percent increase last year, and were up 1.4 percent for Ann Taylor LOFT compared to an 8.5 percent decline last year.

Kay Krill, President and Chief Executive Officer, stated, "We are pleased with our overall results for the month of September. The Ann Taylor division achieved its fourteenth consecutive month of positive comparable store sales, with all geographic regions contributing to the increase.”

“We saw strength across our full product offering, highlighted by the exceptional performance of suits, pants, dresses, shoes and accessories. At LOFT, the positive comparable store sales were driven by strong selling of pants including key fashion styles, knit tops and petites, offset by lower-than-expected results in the sweater category, where new fashion silhouettes were not well received."

AnnTaylor Stores Corporation

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