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DEBS Deb Shops (MM)

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Share Name Share Symbol Market Type
Deb Shops (MM) NASDAQ:DEBS NASDAQ Common Stock
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Deb Shops, Inc. Reports October, Third Quarter and Year-To-Date Sales

02/11/2006 12:35pm

PR Newswire (US)


Deb Shops (NASDAQ:DEBS)
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PHILADELPHIA, Nov. 2 /PRNewswire-FirstCall/ -- Deb Shops, Inc. (NASDAQ:DEBS) today reported that comparable store sales decreased 10.0% in October 2006 as compared to October 2005. Total sales decreased 7.1% to $24.1 million from $25.9 million in October 2005. For the quarter ended October 31, 2006, comparable store sales decreased 4.0% and total sales decreased 0.7% to $82.6 million from $83.2 million for the prior year quarter. During the nine-month period ended October 31, 2006, comparable store sales decreased 1.9% while total sales increased 1.2% to $239.2 million from $236.4 million for the prior year period. 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 October 2006, there were four Saturdays compared to five Saturdays in October 2005. For the remainder of fiscal year 2007, Deb Shops, Inc. will report monthly sales according to the following calendar: Month End Reporting Date 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 337 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, +1-203-682-8200, for Deb Shops, Inc. Web site: http://www.debshops.com/

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