Elder-Beerman Reports October and Third Quarter Sales.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--Nov. 8, 2001 Sales for The Elder-Beerman Stores Corp. (Nasdaq:EBSC EBSC Elder-Beerman Stores Corp. EBSC East Bay Sanctuary Covenant (Berkeley, CA) EBSC Embedded Bitmap Scaling EBSC Elmbrook Swim Club (Brookfield, Wisconsin) EBSC English Bay Swim Club ) were $47.0 million for the four-weeks ended November 3, 2001, a total sales decrease of 7.6 percent versus the four weeks ended October 28, 2000. Comparable store sales decreased 8.3 percent compared to the same period last year. The best performing businesses in October were cosmetics cosmetics, preparations externally applied to change or enhance the beauty of skin, hair, nails, lips, and eyes. The use of body paint for ornamental and religious purposes has been common among primitive peoples from prehistoric times (see body-marking). , accessories, ladies' coats, and juniors' sportswear. October sales were affected by the shift of a major sales event Noun 1. sales event - an occasion (usually brief) for buying at specially reduced prices; "they held a sale to reduce their inventory"; "I got some great bargains at their annual sale" cut-rate sale, sale from October 2000 to September 2001. Combined September and October sales give a better comparison to 2000 than either month's sales figures sales figures npl → cifras fpl de ventas can provide separately. Total sales for September/October 2001 were $106.5 million, a total sales decrease of 0.3 percent versus the same period last year. Comparable store sales for September/October 2001 declined 3.9 percent versus the same period last year. For the third quarter ended November 3, 2001, total sales were $153.5 million, a decrease of 0.7 percent versus the same period last year. Comparable sales for the quarter decreased by 4.3 percent. The nation's ninth largest independent department store chain, The Elder-Beerman Stores Corp. is headquartered in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. and operates 66 stores in Ohio, West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. , Indiana Indiana, state, United States Indiana, midwestern state in the N central United States. It is bordered by Lake Michigan and the state of Michigan (N), Ohio (E), Kentucky, across the Ohio R. (S), and Illinois (W). , Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E). , Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , Kentucky Kentucky, state, United States Kentucky (kəntŭk`ē, kĭn–), one of the so-called border states of the S central United States. It is bordered by West Virginia and Virginia (E); Tennessee (S); the Mississippi R. , Wisconsin and Pennsylvania. Elder-Beerman also operates two furniture galleries. For more information about the company see Elder-Beerman's web site at www.elder-beerman.com. Note: See following tables of sales comparison figures.
----------------------------------------------------------------------
(dollars in millions) OCTOBER(a)
----------------------------------------------------------------------
Total Comparable
2001 2000 Sales Sales
(unaudited) Sales Sales Change(b) Change(b)
----------------------------------------------------------------------
The Elder-Beerman Stores Corp. $47.0 $50.9 (7.6%) (8.3%)
----------------------------------------------------------------------
----------------------------------------------------------------------
(dollars in millions) THIRD QUARTER(a)
----------------------------------------------------------------------
Total Comparable
2001 2000 Sales Sales
(unaudited) Sales Sales Change(b) Change(b)
----------------------------------------------------------------------
The Elder-Beerman Stores Corp. $153.5 $154.6 (0.7%) (4.3%)
----------------------------------------------------------------------
----------------------------------------------------------------------
(dollars in millions) YEAR TO DATE(a)
----------------------------------------------------------------------
Total Comparable
2001 2000 Sales Sales
(unaudited) Sales Sales Change(b) Change(b)
----------------------------------------------------------------------
The Elder-Beerman Stores Corp. $423.5 $427.6 (1.0%) (3.2%)
----------------------------------------------------------------------
(a) All sales figures exclude leased department sales.
(b) Percentages may not correspond to the actual sales figures due to
rounding of sales figures.
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion