Cache Reports 12 Percent Comparable Store Sales Increase in June 2003.Business Editors NEW YORK--(BUSINESS WIRE)--June 30, 2003 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 240 stores open, reported June June: see month. 2003 sales figures sales figures npl → cifras fpl de ventas . Comparable store sales (sales for stores open at least one year or more) increased 12% during the five week June 2003 period, as compared to the same period in 2002. Total sales for the five week period ended June 28, 2003 increased $2.9 million or 19% to $17.9 million. Comparable store sales increased 4% during the 13 week period ended June 28, 2003, as compared to the same period in 2002. Total sales for the 13 week period increased $4.6 million or 9% to $55.9 million. Comparable store sales increased 1% during the 26 week period ended June 28, 2003, as compared to the same period in 2002. Total sales for the 26 week period increased $4.9 million or 5% to $103.8 million. Cache also announced it anticipates reporting second quarter results on or around July 7, 2003. 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 law. Although Cache, Inc. believes the statements are based on reasonable assumptions, there can be no assurance that these expectations will be attained at·tain v. at·tained, at·tain·ing, at·tains v.tr. 1. To gain as an objective; achieve: attain a diploma by hard work. 2. . 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion