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 27th Feb 2020

Australia willing to consider FTA with India on RCEP lines

Australia is willing to consider a bilateral free trade agreement...

Pic: Shutterstock

Apparel/Garments | On 27th Feb 2020

Hun Sen asks PRC garment investors not to leave Cambodia

Prime Minister Hun Sen recently again told Chinese garment sector...

Pic: B.Zhou / Shutterstock.com

Retail | On 27th Feb 2020

Retail brands restrict China operations amid COVID-19

The outbreak of COVID-19 is disrupting business dynamics in China....

Interviews View All

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Anshul Sood, Oceedee

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Dinaz Madhukar, DLF Emporio and DLF Promenade

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Luca Formentini,

Luca Formentini

From the very beginning, Loris Bellini's aim was to produce dyeing...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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


February 2020

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


Advanced Search