Home / Knowledge / News / Fashion / Whitehall Jewellers Inc declares Q2 sales results of $68.4mn

Whitehall Jewellers Inc declares Q2 sales results of $68.4mn

05
Aug '05
Chicago based specialty jewellery retailer Whitehall Jewellers Inc announced sales for the second quarter ended July 31, 2005 were $68.4 million compared to $72.3 million for the second quarter of last year. Comparable store sales decreased 6.2 percent during the quarter, versus a comparable store sales decrease of 0.6 percent for the second fiscal quarter of 2004.

For the six-month period ended July 31, 2005, sales totaled $139.4 million versus $145.3 million for the six-month period ended July 31, 2004. Comparable store sales decreased 5.0 percent compared to an increase of 1.3 percent for the six months ended July 31, 2004.

Lucinda Baier, Chief Executive Officer commented, "During the second quarter, sales performance was solid during the Mothers' Day campaign but slowed in June and July during the two subsequent campaigns. In July 2004, company launched a major initiative to accelerate the sale of merchandise, which was inconsistent with branding strategy. During the second half of July of last year, sales of these goods were instrumental in generating double-digit comp store sales increases."

Baier continued, "Company continue to implement the merchandising, marketing and operational initiatives intended to build sales which they previously discussed and are focused on preparing for the Holiday selling season."

The Company plans to release financial results for the quarter ended July 31, 2005 on Thursday, September 1, 2005. Following the release, the Company will host a conference call at 9:00 AM EDT that will be broadcast live over the Internet at company website. To participate in the call, please dial 1-800-329-9097 approximately 10 minutes before the scheduled time to be connected to the call. Please call Patricia Metzger at 312-762-0292 to reserve a space on the call.

Nation's jewelry maker Whitehall Jewellers Inc is operating 388 stores in 38 states. The Company operates stores in regional and super regional shopping malls under the names Whitehall Co. Jewellers, Lundstrom Jewelers and Marks Bros. Jewelers.

Whitehall Jewellers Inc


Must ReadView All

Pic: Shutterstock

Textiles | On 14th Apr 2021

Sri Lanka to ban fabric imports

Sri Lanka is all set to ban the import of textile fabrics in a bid to ...

Pic: Sorbis / Shutterstock.com

Apparel/Garments | On 14th Apr 2021

Bangladesh apparel exports dip 2.55% in July-March FY21

Readymade garment exports from Bangladesh declined by 2.55 per cent...

Pic: Shutterstock

Textiles | On 14th Apr 2021

US proposal for global minimum corporate tax finds takers in Europe

The idea of a global minimum corporate tax floated by the US has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Textile Industry, Head honchos

Textile Industry
Head honchos

Value of 'Made in India' should get more importance

Nina Smith,

Nina Smith

GoodWeave International, a nonprofit working to end child, forced and...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor <g...

Dr. Vijaya Kumar,

Dr. Vijaya Kumar

Dr MM Kariappa founded the Vogue Institute of Art & Design in 1996....

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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


April 2021

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


Advanced Search