Specialty apparel stores operator Deb Shops Inc reported the comparable store sales increased 2.0% in July 2005 as compared to July 2004. Total sales increased 2.5% to $24.5 million from $23.9 million in July 2004.
For the quarter ended July 31, 2005, comparable store sales increased 4.5% and total sales increased 4.3% to $75.7 million from $72.6 million for the prior year quarter.
During the six-month period ended July 31, 2005, comparable store sales increased 5.7% and total sales increased 5.2% to $153.2 million from $145.6 million for the prior year period.
The Company reports financial results on the calendar month. Therefore, differences in timing will occur when comparing Deb Shops' results to those of retailers reporting on a 4-5-4 calendar.
For the remainder of fiscal year 2006, Deb Shops Inc will report monthly sales according to the following calendar:
Month End Reporting Date
August 2005 September 8, 2005*
September 2005 October 6, 2005
October 2005 November 3, 2005
November 2005 December 8, 2005*
December 2005 January 5, 2006
January 2006 February 2, 2006
*Denotes dates that differ from reporting dates under the 4-5-4 calendar.
Philadelphia based Deb Shops Inc, established in 1932, and was originally known as Joy Hosiery, a leading retailer of foundation garments. It is a national specialty retailer of fashionable apparel, shoes and accessories for juniors in both regular and plus sizes. The Company operates 326 specialty apparel stores in 41 states under the DEB and Tops 'N Bottoms names.
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