Talbots comparable store sales trends improves in Oct
28 Nov '07
3 min read
Operating Results for the Thirty-Nine Week Period: Total consolidated Company net loss for the thirty-nine week period ending November 3, 2007 was $17.5 million or ($0.33) per share, which includes acquisition related and financing costs of approximately $0.30 per share and approximately $0.07 of expense related to executive compensation and professional consulting fees.
This result compares to net income of $31.6 million or $0.59 per share for the same period last year, which included acquisition related and financing costs of approximately $0.31 per share.
Total consolidated Company sales were $1,702 million for the thirty-nine weeks ended November 3, 2007. By brand, retail store sales were $1,146 million for Talbots and $242 million for J. Jill. Consolidated direct marketing sales for the thirty-nine week period were $314 million, including catalog and Internet, compared to $271 million last year, which included J. Jill results for the period beginning May 3, 2006.
Total Company 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%.