>>
Home / Knowledge / News / Fashion / Claire's Stores posts 18% rise in Q4 profit from continuing operations

Claire's Stores posts 18% rise in Q4 profit from continuing operations

09
Mar '06
Costume jewelry and accessories retailer Claire's Stores Inc has announced financial results for the fourth quarter of fiscal 2006 and fiscal 2006 in its entirety and provided guidance for fiscal 2007.

The results for fourth quarter of fiscal 2006 ended January 28th 2006 were as follows: Income from continuing operations increased 18 percent to $69.1 million from $58.7 million during the comparable period in fiscal 2005.

For the fourth quarter of fiscal 2006, net sales rose 5 percent to $414.7 million, compared with $395.9 million for the same period last year. Same store sales for the fourth quarter of fiscal 2006 increased 6 percent, after achieving a 5 percent increase in the fourth quarter of fiscal 2005.

Fourth quarter same store sales results were as follows: Claire's North America: positive mid single digits, Claire's International: positive low single digits and Icing by Claire's: positive high single digits.

Co-Chairman and Co-CEO Bonnie Schaefer said, "Fiscal 2006 was a time of growth in Claire's international division. Beyond increasing our store count, we began conducting business in three new countries, namely Spain, Holland and Belgium. This expansion into new markets will continue during fiscal 2007 when we expect to enter at least one new country, while continuing to open new stores in countries where we already have a presence."

Marla Schaefer, Co-Chairman and Co-CEO, stated, "In North America, we had another fourth quarter and full year of strong comparable store sales growth at our Claire's and Icing by Claire's concepts. This demonstrates our success at meeting the ever-changing needs of our customers, tweens and teens as well as females of all ages.”


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Jan 2022

Chinese central bank cuts rates on medium-term loans, reverse repos

The People's Bank of China recently cut interest rates of its...

Pic: Shutterstock

Apparel/Garments | On 19th Jan 2022

AAFA urges US President Biden to act on shipping crisis, offer relief

The American Apparel & Footwear Association (AAFA) has sent a letter...

Pic: Shutterstock

Textiles | On 19th Jan 2022

Inflation peaks months earlier in Turkey than expected

Turkish finance minister Nureddin Nebati said inflation would peak in ...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Chendhuran Sundar,

Chendhuran Sundar

Headquartered at Singapore, Crocodile is a global fashion and lifestyle...

Mohammad Ali Khokon,

Mohammad Ali Khokon

<div>The Bangladesh Textile Mills Association (BTMA) is the national trade ...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Guess Europe Sagl,
Esprit Europe Services GmbH
Tommy Hilfiger
Aquarelle Clothing Limited
Walmart
KIABI
Calvin Klein
Huntsman (Singapore) Pte Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
Lululemon Athletica Inc
Sateri (Jiujiang) Fiber Co.,Ltd
Tchibo GmbH
Puma
BIANCA
Alix Partners
Gloria Jeans
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Amazon China
Permoda(Koaj/Armi/Pronto/Bkul)
Sportmaster Ltd.
IDH – The Sustainable Trade Initiative
Green Fibre
Chico’ FAS
T.T. Limited
Truetzschler India Private Limited
Phong Phu international JSC (PPJ)
G-Star Raw C.V.
Aramark Uniform ;& Career Apparel, LLC
Abit
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Splash
Lifestyle
Babyshop
Restoque S.A.
Sainsbury's Argos Asia Limited
Gokaldas Exports Limited
Helly Hansen Far East Ltd
LC Waikiki
SHAHI Exports Pvt Ltd
Varner AS Retail
Rosset ;& Cia Limited
Groz-Beckert East Asia LLP
SYNERGIES HONG KONG LIMITED
Rayonese Textile Inc., Division de Culp Inc.
Gap International Sourcing Limited
John Varvatos
Brandix Lanka Limited
Under Armour Global Sourcing Ltd
H;&M Hennes ;& Mauritz (Far East) Ltd
Decathlon
Hirdaramani International Export Private Limited
Midas Clothing Limited
Hela Clothing Pvt Ltd
Landmark Group
TESCO INTERNATIONAL SOURCING LIMITED
Page Industries Limited (Bangalore)
Cat Tuong Real Estate Group Joint Stock Company
Eastman Chemical Company
Etam Group Strategy Hong Kong Limited
The LYCRA Company Singapore  Pte. Ltd
Lacoste (Wanchai)
IKEA of Sweden AB
The Top Form Brassiere Manufacturing Company Limited
Seasalt Limited
Lisa S.P.A.
PVH Corporation
Lenzing Aktiengesellschaft
Target Corporation (MN)
Arvind Limited
Grasim Industries Limited
Tory Burch Hong Kong Ltd
MAS Active / MAS Kreeda / MAS Bodyline
C;&A Sourcing International Ltd
KAS Direct Sourcing
Benetton Group
Maceton Limited
Desigual - ABASIC, S.A.
Asos
Vardhman Textile Ltd
Recron Polyester from Reliance Industries Limited
Chori Company Limited
Reiter India Private Limited
J ;& P Coats
Gatsby Africa
Boardriders Asia Sourcing Limited
BIMBA ;& LOLA SL
OVS Hong Kong Sourcing Ltd.
Alison Hayes Romania
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Bluestem Global Sourcing Limited

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search