Corporate Profile for Cache, dated Oct. 6, 1995.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company and many others. -0- Published date: Oct. 6, 1995 Company name: Cache Inc.
Address: 1460 Broadway, 15th Floor
New York, NY 10036
Telephone No.: 212/840-4248 Chairman: Andrew M. Saul Chief Financial Officer: Thomas E. Reinckens Investor Relations Contact: Thomas E. Reinckens Business number: 212/840-4246 Public Relations Contact: Thomas E. Reinckens Business number: 212/840-4246 Trading symbol: CACH Industry: Retailer - women's apparel & accessories Company description: Cache Inc. (the "Company") owns and operates 145 women's apparel specialty stores (as of Sept. 30, 1995), all of which are operated under the trade name "Cache." The Company specializes in the sale of high fasion women's apparel and accessories in the better to expensive price range focusing on social occasion dressing from informal get-togethers to formal black-tie affairs. The Company's stores currently operate in 33 states, as well as in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Stores are concentrated in large metropolitan and suburban areas and are located in the finest shopping malls in the country. The typical store averages 2,000 square feet and sells better sportswear, evening wear and upscale accessories. The Company was incorporated in the state of Florida on April 25, 1975. The Company's principal executive offices are located at 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 and its telephone number is 212/840-4242. Cache Inc. and Subsidiaries Selected Financial Data 1994 1993 1992 (in thousands, except store and per share data) Operating results: Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight $104,714 $ 86,624 $ 72,605 Operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. $ 5,654 $ 4,010 $ 2,521 Net income (1) $ 4,813 $ 4,928 $ 1,909 Net income per share (1) $.53 $.55 $.21 Store data: Number of stores open at year end 130 111 93 Weighted average sales per store $888,000 $865,000 $846,000 (1) Net income comparisons for the three years presented are not comparable due to the accounting treatment of net operating loss carryforward Loss Carryforward An accounting technique with which a company applies net operating losses of the current year to future year's profits in order to reduce tax liability. Notes: utilizations. Common stock Quarter Ended High Low July 1, 1995 $ 7.63 $ 4.13 April 1, 1995 8.25 4.63 December 31, 1994 6.88 4.25 October 1, 1994 7.13 6.13 July 2, 1994 8.38 6.25 April 2, 1994 8.50 6.00 January 1, 1994 7.50 5.38 October 2, 1993 (a) 9.75 6.63 (a) The market prices reported for this period are restated with retroactive effect to the Company's one-for-four reverse stock split for common stock on Sept. 15, 1993. CONTACT: Cache Inc. |
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