Cache August Same Store Sales Rise Five Percent.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 6, 2001 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 women's apparel stores, with 215 stores open reported August 2001 sales figures sales figures npl → cifras fpl de ventas . Comparable store sales (sales for stores open at least one year or more) increased 5% during the four week August 2001 period, as compared to the same period in 2000. Total sales for the four week period ended August 25, 2001 increased to $11.6 million from $11.0 million, as compared to the same period in Fiscal 2000. Brian Woolf, Cache's Chairman commented, "We were pleased with the 5% comparative store increase in August, despite the difficult retail environment. Casual and dressy dress·y adj. dress·i·er, dress·i·est 1. Showy or elegant in dress or appearance. 2. Smart; stylish. dress separates sales, as well as accessory sales drove the business. We remain cautiously optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op our sales will improve over the remainder of the year." Total sales for the thirty-four week period ended August 25, 2001 were $112.2 million, as compared to $106.5 million for the comparable period ended August 26, 2000, which represents an increase of $5.7 million or 5%. Comparable store sales increased 3% during the thirty-four week period, as compared to the same period in Fiscal 2000. Certain matters discussed within this press release may constitute forward-looking statements within the meaning of the federal securities law. Although Cache, Inc. believes the statements are based on reasonable assumptions, there can be no assurance that these expectations will be attained. Actual results and timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, without limitation, industry trends, merchandise trends, competition and the ability to obtain financing, as well as other risks outlined from time to time in the filings of Cache, Inc. with the Securities and Exchange Commission. For further information contact Thomas E. Reinckens, President, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , 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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