The May Department Stores Company Reports Sales for Month of May
June 02 2005 - 10:08AM
PR Newswire (US)
The May Department Stores Company Reports Sales for Month of May
ST. LOUIS, June 2 /PRNewswire-FirstCall/ -- The May Department
Stores Company (NYSE:MAY) reported preliminary net sales of $1.12
billion for the four-week period ended May 28, 2005, a 14.5%
increase from $978 million in the similar period last year.
Store-for-store sales decreased 2.9%. Net sales for the first four
months of fiscal 2005 were $4.49 billion, a 13.9% increase compared
with $3.94 billion during the first four months of fiscal 2004. Net
sales were as follows: Fiscal Fiscal Percent Store-for-Store
(dollars 2005 2004 Increase Decrease in millions) Month of May $
1,119.3 $ 977.8 14.5% (2.9)% Year-to-date 4,488.6 3,940.7 13.9
(4.5) Net sales include merchandise sales and lease department
income. Store- for-store sales compare sales of stores open during
both years beginning the first day a new store has prior-year sales
and exclude sales of stores closed during both years. During the
month of May, May's Bridal Group opened two After Hours Formalwear
stores in Florida and Missouri. The May Department Stores Company
currently operates 489 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 241
David's Bridal stores, 452 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 further
information, please contact Sharon Bateman at 314-342-6494.
DATASOURCE: The May Department CONTACT: Sharon Bateman of The May
Department, +1-314-342-6494
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