Ascena Retail Group Aktie
WKN DE: A1H5VP / ISIN: US04351G1013
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02.08.2007 11:02:00
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Dress Barn, Inc. Reports July Sales Results
Dress Barn, Inc. (NASDAQ: DBRN), today reported its fiscal July,
fourth quarter and year end sales results.
Net sales for the four-week fiscal month ended July 28, 2007 increased
7% to $101.6 million, compared to $95.2 million reported for the four
weeks ended July 29, 2006. Comparable store sales increased 3% above the
same period last year.
For the thirteen-week fiscal quarter ended July 28, 2007 net sales
increased 10% to $376.3 million, compared to $343.3 million reported for
the thirteen weeks ended July 29, 2006. Comparable store sales increased
5% above last year’s fourth quarter.
For the fifty-two week fiscal year ended July 28, 2007 net sales
increased 9% to $1,422.9 million, compared to $1,300.3 million reported
for the fifty-two weeks ended July 29, 2006. Comparable store sales
increased 5% over last year.
Comparable store sales by brand for the fiscal periods ended July 28,
2007 were as follows:
---- Comparable Store Sales ----
July Fourth Quarter Fiscal Year
dressbarn - 2% + 1% + 4%
maurices + 13% + 13% + 7%
Total Comparable
Store Sales + 3% + 5% + 5% CHANGE IN SALES REPORTING SCHEDULE
EFFECTIVE FISCAL YEAR 2008
As previously announced, the Company will discontinue reporting monthly
sales results beginning with August, 2007, and will begin reporting
sales and comparable store sales on a quarterly basis, consistent will
practices at other retailers, beginning with the first fiscal quarter
ending October 27, 2007.
ABOUT DRESS BARN, INC.
Dress Barn, Inc. (NASDAQ - DBRN), is leading national specialty
apparel retailer offering quality career and casual fashion apparel
through its dressbarn and maurices brands. As of July 28,
2007, the Company operated 821 dressbarn stores in 46 states and
607 maurices stores in 42 states. For more information, please
visit www.dressbarn.com and www.maurices.com.
FORWARD-LOOKING STATEMENTS Certain statements made within this press release may constitute "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 that could cause actual results to differ
materially from the information contained herein is readily available on
our most recent report on Form 10-K for the year ended July 29, 2006 and
Form 10-Q for the quarter ended April 28, 2007.
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