Cache, Inc. Reports October 1998 Comparable Store Sales Increased 2%.NEW YORK--(BUSINESS WIRE)--November 5, 1998--Cache, Inc., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CACH CACH Canyon de Chelly National Monument (US National Park Service) CACH Carolina Chickadee CACH Canadian Adult Congenital Heart Network CACH Chicago Area Consolidation Hub (United Parcel Service) ), a specialty chain of one hundred and eighty-four exclusive women's apparel stores, reported October 1998 sales figures. Cache, Inc. reported total sales for the four week period ended October 24, 1998 increased 9.4% to $11.6 million from $10.6 million for the same period in 1997. Same store sales Same Store Sales A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Notes: This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of (sales for stores open at least one year or more) increased 2% during the four week 1998 period, as compared to the four week 1997 period. Total sales for the forty-three week period ended October 24, 1998 increased 4.9% to $110.4 million from $105.2. Same store sales increased 2% during the forty- three week 1998 period, as compared to the forty-three week 1997 period. For further information contact Thomas E. Reinckens, Executive Vice President, Chief Financial Officer, Cache, Inc., 1460 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10036, (212) 575-3246. |
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