Cache Reports 8% Comparable Store Sales Increase in November 2006.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 November 2006 sales figures sales figures npl → cifras fpl de ventas . As previously announced, the Company substantially completed the exit of its Lillie Rubin business. Therefore, the Company's comparable store sales results only include its 277 Cache stores. Comparable store sales (sales for stores open at least one year or more) increased 8% during the four week November 2006 period, as compared to flat sales during the same period in 2005. Total sales for the four-week period ended November 25, 2006 increased $1.2 million or 5% to $23.3 million. Comparable store sales increased 5% during the 47 week period ended November 25, 2006, as compared to a 6% increase during the same period in 2005. Total sales for the 47 week period increased $11.3 million or 5% to $240 million. Mr. Brian Woolf, Cache's Chairman commented: "We were pleased to have achieved an 8% increase in comparable store sales for November, representing a great start to the holiday season. During the month, we effectively capitalized on important fashion trends, while continuing to reduce our promotional cadence cadence, in music, the ending of a phrase or composition. In singing the voice may be raised or lowered, or the singer may execute elaborate variations within the key. versus last year. Sales were strong across our key merchandise categories of dresses, sportswear and accessories. We were also pleased with the response to our November catalog, which has benefited us by increasing awareness of our Cache brand. As we look ahead, we expect our initiatives in merchandising and marketing to position us for a successful holiday season." During November, the Company opened one Cache store. For the year-to-date period, the Company has opened 17 new Cache stores, 16 Cache Luxe luxe n. 1. The condition of being elegantly sumptuous. 2. Something luxurious; a luxury. [French, luxury, from Latin luxus. stores and 3 Cache Luxe locations adjacent to Cache and has closed 7 Cache stores and 36 Lillie Rubin stores. 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, ability to successfully open new stores, introduction of the Cache Luxe concept, dependence on management, dependence on vendors and distributors, reliance on foreign manufacturers, material weakness in our internal controls, industry trends, merchandise and fashion trends, competition, seasonality and 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, 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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