Perfumania Holdings, Inc. Reports Perfumania Retail Sales For First Quarter Ended April 2014

BELLPORT, N.Y., May 8, 2014 (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 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 (3.6%) 337 (1.5%) 342  
             
First Quarter Total Retail Sales $57,659 (2.1%) $58,868 1.3% $58,108  
             
First Quarter Comparable Store Sales   1.4%   (0.9%)   1.8%
             
CONTACT: Company Contact:                  Michael W. Katz         President and         Chief Executive Officer         Perfumania Holdings, Inc.         631-866-4156

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