Factory Card & Party Outlet (MM) (NASDAQ:FCPO)
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From Oct 2019 to Oct 2024
Factory Card & Party Outlet Corp. (NASDAQ:FCPO) announced today that net
sales for the four-week period ended August 4, 2007 decreased 1.0
percent from the four-week period ended August 5, 2006. Comparable store
sales for the four-week period ended August 4, 2007 increased 1.2
percent from the prior year.
Percent Change
Net Sales
(dollars in millions)
August 4,
2007
August 5,
2006 (1)
Total
Sales
ComparableSales
4 weeks ended
$15.7
$15.8
(1.0)%
1.2%
26 weeks ended
$120.0
$122.8
(2.2)%
(0.5)%
(1) Prior year sales do not reflect prior year fiscal period sales as
they have been restated for comparability consistent with the National
Retail Federation calendar.
Factory Card & Party Outlet (www.factorycard.com)
based in Naperville, Illinois, is the largest publicly traded retail
party chain in the United States. Factory Card & Party Outlet currently
operates 185 Company-owned retail stores in 20 states, offering a wide
selection of party supplies, greeting cards, giftwrap, balloons,
everyday and seasonal merchandise, and other special occasion
merchandise at everyday value prices.
Certain statements in this news release constitute “forward-looking
statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties, year-end
adjustments and other factors that may cause the actual results,
performance or achievements of the Company, or industry results, to be
materially different from any future results, performance or
achievements express or implied by such forward-looking statements.
In general, the results, performance or achievements of the Company and
its stores and the value of the Company’s
common stock are dependent upon a number of factors including, without
limitation, the dependence on key personnel; competition, ability to
anticipate merchandise trends and consumer demand; ability to maintain
relationships with suppliers; successful implementation of information
systems; successful handling of merchandise logistics; inventory
shrinkage; ability to meet future capital needs; governmental
regulations; and other factors both referenced and not referenced in the
Company’s filings with the Securities and
Exchange Commission.