Specialty retailer AnnTaylor reports fairly high October sales

07 Nov '05

3 min read

Total inventory levels at the end of October were down approximately 17 percent on a per square foot basis compared to the same period last year. By division, inventory levels on a per square foot basis were down approximately 16 percent for Ann Taylor and flat for Ann Taylor LOFT.

During the month, the Company opened three Ann Taylor stores and nine Ann Taylor LOFT stores. The total store count at month end was 820, comprised of 364 Ann Taylor stores, 407 Ann Taylor LOFT stores, and 49 Ann Taylor Factory stores. Total square footage at the end of fiscal October 2005 increased 14.9 percent over the same period last year.
The Company will release its third quarter fiscal 2005 results on Friday, November 18, 2005, before the market opens. The Company will also host a live conference call and simultaneous audio webcast from 8:30AM to 9:30AM Eastern Time which will include comments from senior management and a question and answer session.

New York based Ann Taylor is one of the country's leading women's specialty retailers, operating 820 stores in 46 states, the District of Columbia and Puerto Rico, and also Online Stores.

AnnTaylor Stores Corporation

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