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Perfumania Holdings, Inc. Reports Perfumania Retail Sales For September 2012

Stocks in this article: PERF

BELLPORT, N.Y., Oct. 4, 2012 (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 $22.3 million for the five week fiscal month of September 2012, which ended September 29, 2012, versus $22.7 million for the five week fiscal month of September 2011, which ended October 1, 2011. On a year-to-date basis, total net sales were $162.6 million in the current year compared with $162.5 million last year. For the month of September 2012, comparable store sales decreased by 3.9%. Comparable store sales on a year-to-date basis decreased by 0.5%. 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 SEPTEMBER AND YEAR-TO-DATE 2012 RETAIL SALES ($'s in $000's):
 
   FY    FY    FY  
  2012   2011   2010  
    (Decrease)   (Decrease)    
    Increase   Increase   Increase
             
Number of Stores, September 344 0.0% 344 (6.3%) 367  
             
September Total Retail Sales $22,280 (1.7%)  $22,670 7.5% $21,095  
             
Year-to-date September Total Retail Sales $162,594  0.1%  $162,493  9.9% $147,876  
             
September Comparable Store Sales   (3.9%)   11.3%   9.3%
             
Year-to-date September Comparable Store Sales   (0.5%)   13.1%   2.3%
CONTACT: Michael W. Katz
         President and
         Chief Executive Officer
         Perfumania Holdings, Inc.
         631-866-4156

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