Business Services Industry
United Retail Group Announces Sales for September
Business Wire, Oct 11, 2007
ROCHELLE PARK, N.J. -- United Retail Group, Inc. (NASDAQ-GM: "URGI") today announced that net sales decreased to $37.7 million during September 2007 from $40.1 million during September 2006.
Comparable store sales decreased 8% for the month.
Net sales decreased for the fiscal quarter to date to $62.7 million from $66.5 million in the same period last year.
Comparable store sales decreased 8% for the fiscal quarter to date.
Net sales for the fiscal year to date were $296.0 million compared with $296.8 million in the same period last year.
Comparable store sales decreased 2% for the fiscal year to date.
Comparable store sales data does not include online ("Shop @ Home") sales. Shop @ Home sales increased 38% for the month of September, 41% for the fiscal quarter to date and 49% for the fiscal year to date, in each case over the comparable period in 2006.
United Retail Group, Inc. is a specialty retailer of large-size women's fashion apparel, footwear and accessories featuring AVENUE[R] brand merchandise. The Company operates 484 AVENUE[R] stores with 2,137,000 square feet of selling space, as well as the AVENUE.COM[R] website at www.avenue.com.
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