Deb Shops, Inc. Reports July, Second Quarter and Year-to-Date Sales
August 03 2006 - 7:35AM
PR Newswire (US)
PHILADELPHIA, Aug. 3 /PRNewswire-FirstCall/ -- Deb Shops, Inc.
(NASDAQ:DEBS) today reported that comparable store sales decreased
9.6% in July 2006 as compared to July 2005. Total sales decreased
5.9% to $23.1 million from $24.5 million in July 2005. For the
quarter ended July 31, 2006, comparable store sales decreased 4.3%
and total sales decreased 0.5% to $75.3 million from $75.7 million
for the prior year quarter. During the six-month period ended July
31, 2006, comparable store sales decreased 0.8% while total sales
increased 2.2% to $156.6 million from $153.2 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. During the month of July 2006, there were four Fridays
compared to five Fridays in July 2005. For the remainder of fiscal
year 2007, Deb Shops, Inc. will report monthly sales according to
the following calendar: Month End Reporting Date August 2006
September 7, 2006* September 2006 October 5, 2006 October 2006
November 2, 2006 November 2006 December 5, 2006* December 2006
January 4, 2007 January 2007 February 2, 2007* *Denotes dates that
differ from reporting dates under the 4-5-4 calendar. Deb Shops,
Inc. is a national specialty retailer of fashionable apparel, shoes
and accessories for juniors in both regular and plus sizes. The
Company operates 333 specialty apparel stores in 42 states under
the DEB and Tops 'N Bottoms names. DATASOURCE: Deb Shops, Inc.
CONTACT: Barry Susson, Chief Financial Officer, Deb Shops, Inc.,
+1-215-676-6000 x362, or Brendon Frey, Integrated Corporate
Relations, +1-203-682-8200 Web site: http://www.debshops.com/
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