Perfumania Holdings, Inc. Reports Perfumania Retail Sales For April And First Quarter 2013

BELLPORT, N.Y., May 9, 2013 (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, Puerto Rico and the U.S. Virgin Islands, reported total net sales of $17.5 million for the four week fiscal month of April 2013, which ended May 04, 2013, versus $17.7 million for the four week fiscal month of April 2012, which ended April 28, 2012. For the first quarter of 2013, total net sales were $58.9 million in the current year compared with $58.1 million last year. For the month of April 2013, comparable store sales decreased by 3.9%. For the first quarter ending April 2013, comparable store sales decreased by 0.9%. Comparable store sales measure sales from stores that have been open for one year or more. We exclude stores that are closed for renovation from comparable store sales from the month during which renovation commences until the first full month after reopening.
PERFUMANIA APRIL AND FIRST QUARTER 2013 RETAIL SALES ($'s in $000's):
             
   FY    FY    FY  
  2013   2012   2011  
    (Decrease)   (Decrease)   Increase
    Increase   Increase    
             
Number of Open Stores, April 337 (1.5%) 342 (2.6%) 351  
             
April Total Retail Sales $17,450 (1.6%)  $17,733 (0.7%) $17,860  
             
Quarter-End April Total Retail Sales $58,868 1.3%  $58,108 0.6% $57,748  
             
April Comparable Store Sales   (3.9%)   (1.4%)   21.7%
             
Quarter - End April Comparable Store Sales   (0.9%)   1.8%   14.3%
CONTACT: Company Contact:                  Michael W. Katz         President and         Chief Executive Officer         Perfumania Holdings, Inc.         631-866-4156

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