Factory Card & Party Outlet Corp. Announces Sales for February
08 Março 2007 - 9:00AM
Business Wire
Factory Card & Party Outlet Corp. (NASDAQ: FCPO) announced
today that net sales for the four-week period ended March 3, 2007
decreased 7.7 percent from the four-week period ended March 4,
2006. Comparable store sales for the four-week period ended March
3, 2007 decreased 7.4 percent from the prior year. �February sales
results reflect the negative impact of several severe weather
systems that contributed to diminished store traffic, reduced store
hours and store closings in several of our markets during the
month. The weather was particularly disruptive to our business in
the week of and prior to Valentines Day,� stated Gary W. Rada,
President and Chief Executive Officer. � Net Sales (dollars in
millions) March 3,2007 March 4,2006 (1) Percent ChangeTotal Sales
Four weeks ended $16.9� $18.3� (7.7%) (1) Prior year sales do not
reflect prior year fiscal period sales as they have been restated
for comparability consistent with the National Retail Federation
calendar. Factory Card & Party Outlet (www.factorycard.com)
based in Naperville, Illinois, is the largest publicly traded
retail party chain in the United States. Factory Card & Party
Outlet currently operates 187 Company-owned retail stores in 20
states, offering a wide selection of party supplies, greeting
cards, giftwrap, balloons, everyday and seasonal merchandise, and
other special occasion merchandise at everyday value prices.
Certain statements in this news release constitute �forward-looking
statements� within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known
and unknown risks, uncertainties, year-end adjustments and other
factors that may cause the actual results, performance or
achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements
express or implied by such forward-looking statements. In general,
the results, performance or achievements of the Company and its
stores and the value of the Company�s common stock are dependent
upon a number of factors including, without limitation, the
dependence on key personnel; competition, ability to anticipate
merchandise trends and consumer demand; ability to maintain
relationships with suppliers; successful implementation of
information systems; successful handling of merchandise logistics;
inventory shrinkage; ability to meet future capital needs;
governmental regulations; and other factors both referenced and not
referenced in the Company�s filings with the Securities and
Exchange Commission.
Factory Card & Party Outlet (MM) (NASDAQ:FCPO)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Factory Card & Party Outlet (MM) (NASDAQ:FCPO)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre Factory Card & Party Outlet (MM) da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Factory Card & Party Outlet Corp.