Attached files
| file | filename |
|---|---|
| 8-K - 8-K 1ST QUARTER 2014 SALES - Perfumania Holdings, Inc. | a20148-kre1stquarter2014pe.htm |
Exhibit 99.1
Perfumania Holdings, Inc.
FOR IMMEDIATE RELEASE
Company Contact:
Michael W. Katz
President and
Chief Executive Officer
Perfumania Holdings, Inc.
631-866-4156
PERFUMANIA HOLDINGS, INC. REPORTS PERFUMANIA RETAIL SALES FOR FIRST QUARTER ENDED APRIL 2014
Bellport, NY May 08, 2014 Perfumania Holdings, Inc. (NASDAQ: PERF) announced today that Perfumania, one of its wholly-owned subsidiaries which operates specialty retail fragrance stores throughout the United States, Puerto Rico and the U.S. Virgin Islands, reported total net sales for the first quarter of 2014, which ended May 03, 2014 were $57.7 million versus $58.9 million last year. For the first quarter ended May 03, 2014, comparable store sales increased by 1.4%. Comparable store sales measure sales from stores that have been open for one year or more. We exclude stores that are closed for renovation from comparable store sales from the month during which renovation commences until the first full month after reopening.
PERFUMANIA FIRST QUARTER 2014 RETAIL SALES ($’s in $000’s):
FY | FY | FY | ||||
2014 | 2013 | 2012 | ||||
(Decrease) | (Decrease) | Increase | ||||
Increase | Increase | |||||
Number of Open Stores, April | 325 | (3.60%) | 337 | (1.50%) | 342 | |
First Quarter Total Retail Sales | $57,659 | (2.10%) | $58,868 | 1.3% | $58,108 | |
First Quarter Comparable Store Sales | 1.4% | (0.90%) | 1.8% | |||