The May Department Stores Company Reports Sales For March
April 07 2005 - 9:42AM
PR Newswire (US)
The May Department Stores Company Reports Sales For March ST.
LOUIS, April 7 /PRNewswire-FirstCall/ -- The May Department Stores
Company (NYSE:MAY) reported preliminary net sales of $1.28 billion
for the five-week period ended April 2, 2005, an 8.3% increase from
$1.18 billion in the similar period last year. Store-for-store
sales decreased 10.8%. Sales comparisons in March 2005 were
adversely affected by the movement of a major sales promotion event
from the last week of fiscal March 2004 to the first week of fiscal
April 2005. The company anticipates its April sales performance
will benefit from this calendar shift. Net sales for the first two
months of fiscal 2005 were $2.29 billion, an 11.0% increase
compared with $2.06 billion during the first two months of fiscal
2004. Net sales were as follows: Fiscal Fiscal Percent
Store-for-Store (dollars in millions) 2005 2004 Increase Decrease
March $ 1,279.4 $ 1,181.0 8.3% (10.8)% Year-to-date 2,287.2 2,061.3
11.0 (8.0) During March, May opened a Robinsons-May store at
Imperial Valley Mall in El Centro, Calif. In addition, May's Bridal
Group opened two After Hours Formalwear stores. The May Department
Stores Company currently operates 492 department stores under the
names of Famous-Barr, Filene's, Foley's, Hecht's, Kaufmann's, Lord
& Taylor, L.S. Ayres, Marshall Field's, Meier & Frank,
Robinsons-May, Strawbridge's, and The Jones Store, as well as 240
David's Bridal stores, 449 After Hours Formalwear stores, and 11
Priscilla of Boston stores in its Bridal Group. May operates in 46
states, the District of Columbia, and Puerto Rico. For more
information, contact Sharon Bateman at 314-342-6494. DATASOURCE:
The May Department Stores Company CONTACT: Sharon Bateman of May
Department Stores Company, +1-314-342-6494 Web site:
http://www.mayco.com/
Copyright
May Dept Stores (NYSE:MAY)
Historical Stock Chart
From Jun 2024 to Jul 2024
May Dept Stores (NYSE:MAY)
Historical Stock Chart
From Jul 2023 to Jul 2024