Deb Shops, Inc. Reports July, Second Quarter and Year-To-Date Sales
August 02 2007 - 7:35AM
PR Newswire (US)
PHILADELPHIA, Aug. 2 /PRNewswire-FirstCall/ -- Deb Shops, Inc.
(NASDAQ:DEBS) today reported that comparable store sales decreased
2.0% in July 2007 as compared to July 2006. Total sales increased
0.5% to $23.2 million from $23.1 million in July 2006. For the
quarter ended July 31, 2007, comparable store sales increased 0.1%
and total sales increased 2.7% to $77.4 million from $75.3 million
for the prior year quarter. During the six-month period ended July
31, 2007, comparable store sales decreased 0.1% while total sales
increased 2.9% to $161.1 million from $156.6 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. During the month of July 2007, there were four Saturdays
compared to five Saturdays in July 2006. 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 337 specialty apparel stores in 42 states under the DEB
and Tops 'N Bottoms names. DATASOURCE: Deb Shops, Inc. CONTACT:
Barry Susson, Chief Financial Officer of Deb Shops, Inc.,
+1-215-676-6000, ext. 362, or Brendon Frey of Integrated Corporate
Relations, +1-203-682-8200, for Deb Shops, Inc. Web site:
http://www.debshops.com/
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