Deb Shops, Inc. Reports April and First Quarter Sales
04 May 2006 - 10:35PM
PR Newswire (US)
PHILADELPHIA, May 4 /PRNewswire-FirstCall/ -- Deb Shops, Inc.
(NASDAQ:DEBS) today reported that comparable store sales increased
4.0% in April 2006 as compared to April 2005. Total sales increased
6.9% to $29.3 million from $27.4 million in April 2005. During
2006, Easter occurred during the month of April whereas in 2005,
Easter occurred during the month of March. 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 April
2006, there were four Fridays compared to five Fridays in April
2005. For the quarter ended April 30, 2006, the Company reported a
comparable store sales increase of 2.6%. In addition, total sales
for the quarter increased 4.9% to $81.3 million from $77.5 million
for the quarter ended April 30, 2005. For the remainder of fiscal
year 2007, Deb Shops, Inc. will report monthly sales according to
the following calendar: Month End Reporting Date May 2006 June 2,
2006* June 2006 July 6, 2006 July 2006 August 3, 2006 August 2006
September 7, 2006* September 2006 October 5, 2006 October 2006
November 2, 2006 November 2006 December 5, 2006* December 2006
January 4, 2007 January 2007 February 2, 2007* *Denotes dates that
differ from reporting dates under the 4-5-4 calendar. 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 330 specialty apparel stores in 42 states under
the DEB and Tops 'N Bottoms names. DATASOURCE: Deb Shops, Inc.
CONTACT: Barry Susson, Chief Financial Officer, Deb Shops, Inc.,
+1-215-676-6000 x362; or Brendon Frey, Integrated Corporate
Relations, +1-203-682-8216, for Deb Shops, Inc. Web site:
http://www.debshops.com/
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