Perfumania Holdings, Inc. Reports Perfumania Retail Sales for May 2012
BELLPORT, N.Y., May 31, 2012 (GLOBE NEWSWIRE) -- Perfumania Holdings, Inc. (Nasdaq:PERF) announced today that Perfumania (PERF), one of its wholly-owned subsidiaries which operates specialty retail fragrance stores throughout the United States and Puerto Rico, reported total net sales of $20.3 million for the four week fiscal month of May 2012, which ended May 26, 2012, versus $20.5 million for the four week fiscal month of May 2011, which ended May 28, 2011. On a year-to-date basis, total net sales were $78.4 million in the current year compared with $78.2 million last year. For the month of May 2012, comparable store sales decreased by 0.8%. Comparable store sales on a year-to-date basis increased by 1.1%. Comparable store sales measure sales from stores that have been open for one year or more. We exclude stores that are closed for renovation from comparable store sales from the month during which renovation commences until the first full month after reopening.
|PERFUMANIA MAY AND YEAR TO DATE 2012 RETAIL SALES ($'s in $000's):|
|Number of Stores, May||341||(1.7%)||347||(5.7%)||368|
|May Total Retail Sales||$20,339||(0.8%)||$20,495||9.5%||$18,718|
|Year to date May Total Retail Sales||$78,447||0.3%||$78,243||10.7%||$70,680|
|May Comparable Store Sales||(0.8%)||11.8%||7.0%|
|Year to date May Comparable Store Sales||1.1%||13.6%||7.3%|
CONTACT: Company Contact: Michael W. Katz President and Chief Executive Officer Perfumania Holdings, Inc. 631-866-4156
Source: Perfumania Holdings, Inc. 2012 GlobeNewswire, Inc.