The Company expects to open approximately 25 new stores in Fiscal 2005. During the second quarter, the Company opened four new stores and has opened a total of 9 new stores during the first half of 2005. Following quarter end, the Company opened one new store. At fiscal year-end, the Company expects to operate approximately 315 stores, expanding square footage by approximately 8 percent to 630,000 square feet.
Conference Call
Interested stockholders and other persons are invited to listen to the second quarter earnings conference call scheduled for today, Wednesday, July 27, 2005 at 9:00 a.m. Eastern Time. To participate in Cache's conference call dial 1-800-289-0572 approximately five minutes prior to the 9:00am Eastern start time. The call will also be broadcast live over the Internet at http://www.cache.com and http://www.viavid.com. An online archive will be available immediately following the call and will be accessible until August 3, 2005.
Cache targets women between the ages of 25 and 45 who have a youthful attitude, are self-confident and fashion-conscious, and require a missy fit. Lillie Rubin stores offer a more sophisticated line of social occasion apparel targeting women between the ages of 35 and 55. Company operates 259 Cache and 38 Lillie Rubin stores primarily situated in central locations in high traffic, upscale malls in 43 states and Puerto Rico.
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