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Ann Taylor reports February sales rises 18.4%

02
Mar '06

Women's specialty retailer AnnTaylor Stores Corporation has announced that total net sales for the four-week period ended February 25th 2006 increased 18.4 percent to $130,063,000 over total net sales of $109,834,000 for the four-week period ended February 26th 2005.

By division, net sales were $53,870,000 for Ann Taylor compared to $48,770,000 last year, and $61,590,000 for Ann Taylor LOFT compared to $49,955,000 last year.

Same store sales for the period increased 5.6 percent compared to a comparable store sales decrease of 5.4 percent for the same four-week period last year.

By division, same store sales for fiscal February 2006 were up 9.8 percent for Ann Taylor compared to an 11.5 percent decrease last year, and up 4.2 percent for Ann Taylor LOFT compared to a 1.2 percent increase last year.

Kay Krill, President and CEO of Ann Taylor, said, "We are pleased with the performance of our spring product at Ann Taylor and LOFT. Both divisions experienced positive comparable store sales throughout February in all regions.”

”At Ann Taylor, our stylish, refined offering of navy blue and platinum was well received, with dresses, skirts, and suits among our strongest categories. At LOFT, our focus on relaxed, fashionable dressing, highlighted by a trend-right neutral color palette and an emphasis on novelty and embellishment, continues to resonate with our client. Relaxed separates, knit tops and dresses, fashion accessories and jewelry all performed above expectation," he added.

Ann Taylor is one of the country's leading women's specialty retailers, operating 824 stores in 46 states, the District of Columbia and Puerto Rico, and also Online Stores.

AnnTaylor Stores Corporation

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