The Dress Barn, Inc. Reports Strong June Sales Results; Total Company Comp Store Sales Increase 9%
July 07 2005 - 8:33AM
Business Wire
The Dress Barn, Inc. (NASDAQ: DBRN) today announced its June sales
results. Total sales for the five-week fiscal period ended July 2,
2005 increased 61% to $117.3 million compared to $72.7 million
reported for the comparable fiscal period ended June 26, 2004.
Comparable store sales increased 9% for this fiscal monthly period.
The total sales increase for the current fiscal month includes
maurices, which was acquired January 2005. Comparable store sales
by brand for the five-week fiscal month were as follows: -0- *T
Comparable Store Sales for Fiscal Five-Week Period Ended July 2,
2005 ------------ dressbarn +9% maurices +9% ----- Total Company
Comparable Store Sales +9% ===== *T ABOUT THE DRESS BARN, INC. The
Dress Barn, Inc. (NASDAQ: DBRN) is a leading national specialty
apparel retailer offering quality career and casual fashion apparel
through its dressbarn and maurices brands. As of July 2, 2005, the
Company operated 779 dressbarn stores in 45 states and 481 maurices
stores in 39 states. For more information, please visit
www.dressbarn.com and www.maurices.com. FORWARD-LOOKING STATEMENTS
Certain statements made in this press release are not historical in
nature are "forward-looking statements", within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially.
The Company does not undertake to publicly update or review its
forward-looking statements even if experience or future changes
make it clear that our projected results expressed or implied will
not be achieved. Detailed information concerning a number of
factors as they relate to dressbarn's operations that could cause
actual results to differ materially from the information is readily
available on our most recent report on Form 10-K/A for the year
ending July 31, 2004 and Form 10-Q for the quarter ending April 30,
2005. Such factors as they relate to maurices include risks
applicable to the retail apparel business in general and risks
which may be applicable to maurices' business. In addition, there
are risks associated with the integration of two businesses.
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