Cache Reports 10 Percent Comparable Store Sales Increase in June 2005.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 -- 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 297 stores open, reported June 2005 sales figures sales figures npl → cifras fpl de ventas . Comparable Store Sales: (sales for stores open at least one year or more) --Increased 10% during the five week June 2005 period compared to a decrease of 4% in the prior year period; --Increased 5% during the 13 week period ended July 2, 2005, as compared to the same period in 2004; and --Increased 3% during the 26 week period ended July 2, 2005, as compared to the same period in 2004. Total Sales: --Increased $2.9 million or 15.9% to $21.1 million for the five week period ended July 2, 2005; --Increased $6.9 million or 11.6% to $66.6 million for the 13 week period ended July 2, 2005; and --Increased $12.2 million or 10.4% to $129.4 million for the 26 week period ended July 2, 2005. Mr. Brian Woolf, Cache's Chairman commented: "We were pleased to continue our strong sales performance this month by reporting a comparable store sales increase of 10% in June. Sales for the month and quarter met our revised projections. We continue to believe we are on target to meet our second quarter expectations and are delighted to enter the third quarter with favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. momentum." The Company also noted that it opened one new Lillie Rubin store in June and currently operates 297 Cache and Lillie Rubin locations. Certain matters discussed within this press release may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the federal securities laws. 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 and fashion trends, competition, changes in general economic conditions and consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. patterns, vendor procurement issues 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., 1440 Broadway, New York, New York 10018, (212) 575-3246. |
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