Attached files
| file | filename |
|---|---|
| 8-K - 8-K APRIL SALES 2012 - Perfumania Holdings, Inc. | a20128-kreapril2012perfuma.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 APRIL AND FIRST QUARTER 2012
Bellport, NY MAY 03, 2012 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 $17.7 million for the four week fiscal month of April 2012, which ended April 28, 2012, versus $17.9 million for the four week fiscal month of April 2011, which ended April 30, 2011. For the first quarter of 2012, total net sales were $58.1 million in the current year compared with $57.7 million last year. For the month of April 2012, comparable store sales decreased by 1.4%. For the first quarter ending April 2012, comparable store sales increased by 1.8%. Comparable store sales measure sales from stores that have been open for one year or more. We exclude stores that are closed for renovation from comparable store sales from the month during which renovation commences until the first full month after reopening.
PERFUMANIA APRIL AND FIRST QUARTER 2012 RETAIL SALES ($’s in $000’s):
FY | FY | FY | ||||
2012 | 2011 | 2010 | ||||
(Decrease) | (Decrease) | |||||
Increase | Increase | Increase | ||||
Number of Stores, April | 342 | (2.6%) | 351 | (4.4%) | 367 | |
April Total Retail Sales | $17,733 | (0.7%) | $17,860 | 17.3% | $15,228 | |
Quarter-End April Total Retail Sales | $58,108 | 0.6% | $57,748 | 11.2% | $51,962 | |
April Comparable Store Sales | (1.4%) | 21.7% | 4.5% | |||
Quarter - End April Comparable Store Sales | 1.8% | 14.3% | 7.4% | |||