Cache Reports 8% Comparable Store Sales Increase in July 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 298 stores open, reported July 2005 sales figures sales figures npl → cifras fpl de ventas . Comparable store sales (sales for stores open at least one year or more) increased 8% during the four week July 2005 period, as compared to the same period in 2005. Total sales for the four-week period ended July 30, 2005 increased $2.1 million or 16% to $15.4 million. Comparable store sales increased 4% during the 30 week period ended July 30, 2005, as compared to the same period in 2004. Total sales for the 30 week period increased $12.7 million or 10% to $144.8 million. Mr. Brian Woolf, Cache's Chairman commented: "We continued our strong sales trends in July by reporting an 8% comparable store sales increase for the month. Sales were driven by casual product categories such as denim and peasant styles and accessories. We were pleased to achieve these results with less promotional days." The Company also noted that it opened 1 new Cache store in July and currently operates 298 Cache and Lillie Rubin locations. For the year-to-date period, the Company has opened 10 new stores and has closed 3 stores in Fiscal 2005 and expects to open another approximately 8 Cache and approximately 2 Lillie Rubin stores for a total of approximately 25 new stores in Fiscal 2005. 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. 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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