Dress Barn Inc reported its fiscal March sales results.
Net sales for the five-week fiscal month ended March 31, 2007 increased 16% to a record $145.4 million, compared to $125.3 million reported for the five weeks ended April 1, 2006. Comparable store sales increased 12% for the fiscal month of March.
Comparable store sales by division for the fiscal month ended March 31, 2007 were as follows:
Comparable Store Sales:
dressbarn: + 9%
Total Comparable Store Sales: +12%
It should be noted that the Company's fiscal March sales results do not include the week leading to Easter that many other retailers will include in their fiscal March sales results.
This week, which is traditionally one of the Company's highest sales volume weeks, will be included in its April sales results; the same as last year. The Company believes March and April sales results should be combined for a more meaningful comparison of spring selling.
Dress Barn Inc, is leading national specialty apparel retailer offering quality career and casual fashion apparel through its dressbarn and maurices brands. As of March 31, 2007, the Company operated 821 dressbarn stores in 46 states and 573 maurices stores in 41 states.