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Comparable store sales for Talbots brand down in Q3

13 Nov '07
2 min read

The Talbots Inc announced total Company sales for the thirteen weeks ended November 3, 2007 of $556 million, versus last year's reported sales of $569 million. By brand, retail store sales were $366 million for Talbots compared to $383 million last year, and $81 million for J. Jill compared to $77 million last year.

Consolidated comparable store sales declined 7.9% for the thirteen-week period, in line with the Company's previously revised expectations. This performance reflects greatly improved comparable store sales trends in the month of October for both brands, as compared to August/September.

Comparable store sales for Talbots brand decreased 8.2% for the thirteen-week period, and for the J. Jill brand comparable store sales decreased 6.5%.

Consolidated direct marketing sales for the thirteen-week period were $109 million, including catalog and Internet, compared to $109 million last year.

Total Company year-to-date sales for the thirty-nine weeks ended November 3, 2007 were $1,702 million compared to $1,593 million reported for the thirty-nine weeks ended October 28, 2006. Retail store sales by brand were $1,146 million for Talbots and $242 million for J. Jill.

Consolidated comparable store sales declined 5.4% for the thirty-nine week period. By brand, comparable store sales for Talbots decreased 5.6% and J. Jill's comparable store sales declined 4.0%.

Consolidated direct marketing sales for the thirty-nine week period, including catalog and Internet, were $314 million.

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