BELLPORT, N.Y., Aug. 5, 2010 (GLOBE NEWSWIRE) -- 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 and Puerto Rico, reported total net sales of $16.8 million for the four week fiscal month of July 2010 which ended July 31, 2010 versus $18.2 million for the four week fiscal month of July 2009 which ended August 1, 2009. For the second quarter of 2010, total net sales were $56.5 million versus $57.5 million last year. On a year-to-date basis, total net sales were $108.4 million in the current year compared with $104.1 million last year. For the month of July 2010, comparable store sales decreased by 6.7%. For the second quarter ending July 2010, comparable store sales decreased by 0.3%. Comparable store sales on a year-to-date basis increased by 3.2%. 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.
|Number of Stores, July||367||(0.3%)||368||14.3%||322|
|July Total Retail Sales||$16,797||(7.7%)||$18,201||8.4%||$16,797|
|Quarter-End July Total Retail Sales||$56,465||(1.8%)||$57,497||0.2%||$57,380|
|July Comparable Store Sales||(6.7%)||(3.5%)||0.7%|
|Quarter-End July Comparable Store Sales||(0.3%)||(11.6%)||2.9%|
|YTD July Comparable Store Sales||3.2%||(10.5%)||3.0%|
CONTACT: Perfumania Holdings, Inc. Michael W. Katz, President and Chief Executive Officer 631-866-4156