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Casual sportswear & accessories perk up Cache Sept sales

07 Oct '05

2 min read

Sportswear maker Cache Inc open, reported September 2005 sales figures.

Comparable Store Sales: (sales for stores open at least one year or more)

-- Increased 6 percent during the five week September 2005 period, as compared to the same period in 2004.

-- Increased 8 percent during the 13 week period ended October 1, 2005, as compared to the same period in 2004; and

-- Increased 5 percent during the 39 week period ended October 1, 2005, as compared to the same period in 2004.

Total Sales:

-- Increased $2.2 million or 9.7 percent to $24.8 million for the five week period ended October 1, 2005;

-- Increased $6.5 million or 12.8 percent to $57.3 million for the 13 week period ended October 1, 2005; and

-- Increased $19.0 million or 11.3 percent to $187.0 million for the 39 week period ended October 1, 2005.

The Company currently estimates third quarter diluted earnings per share in the range of $0.04 to $0.06, compared to its previous guidance of $0.02 to $0.04 per share and actual net loss per share of $0.03 in the third quarter of fiscal 2004.

For the fiscal 2005 year, the Company continues to estimate net sales in the range of $271 million to $275 million, versus actual net sales of $247.3 million in fiscal 2004.

Additionally, the Company now estimates diluted earnings per share in the range of $0.80 to $0.83 for fiscal 2005, compared to the previous guidance range of $0.78 to $0.81 and versus actual fiscal 2004 diluted earnings per share of $0.83.

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