The May Department Stores Company Reports Sales for July
August 04 2005 - 10:01AM
PR Newswire (US)
ST. LOUIS, Aug. 4 /PRNewswire-FirstCall/ -- The May Department
Stores Company (NYSE:MAY) reported preliminary net sales of $927.4
million for the four-week period ended July 30, 2005, a 13.4%
increase from $817.9 million in the similar period last year.
Store-for-store sales decreased 3.3%. Net sales for the second
quarter of fiscal 2005 were $3.45 billion, a 16.6% increase
compared with $2.96 billion during the second quarter of fiscal
2004. Net sales for the first half of fiscal 2005 were $6.81
billion, a 15.1% increase compared with $5.92 billion during the
first six months of fiscal 2004. Net sales were as follows: Fiscal
Fiscal Percent Store-for-Store (dollars in millions) 2005 2004
Increase Decrease July $ 927.4 $ 817.9 13.4% (3.3)% Second quarter
3,445.4 2,955.6 16.6 (1.6) Year-to-date 6,814.8 5,918.5 15.1 (3.4)
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 July, May
opened a new Kaufmann's store in Pittsburgh, Pa., and the Bridal
Group opened one David's Bridal store and one After Hours
Formalwear store. Six additional department stores are planned for
2005: three Foley's stores in Loveland, Colo., and San Antonio and
Dallas/Fort Worth, Texas; a Hecht's store in N. Charlotte, N.C.; a
Kaufmann's store in Columbus, Ohio; and a Robinsons-May store in
Simi Valley, Calif. The Bridal Group plans to open an additional 14
David's Bridal stores and 11 After Hours stores by year-end. The
May Department Stores Company currently operates 487 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 243 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, contact Sharon Bateman at 314-342-6494.
DATASOURCE: The May Department Stores Company CONTACT: Sharon
Bateman of The May Department Stores Company, +1-314-342-6494
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