unclewest,
Don't bother to argue with these last few shorts. The same store sales were excellent. 20% is huge. One of the posters said it all. >> The stock price has very little to do with their sales. It has to do with day traders and MM's pushing a low float stock around. << Sorry, just check any retailer, sales are EVERYTHING
BTW 1 to 5% increase? Did anyone see this? Message 7636135
Perfume sales were HUGE, 5th highest ecommerce site.
No sense posting to these guys, they score with many approaches,
Hang tuff till after Valentines Day. This one has turned. for grins I'll repost the January sales (after christmas!!)
Perfumania, Inc. Reports January Sales
Business Wire - February 04, 1999 09:37
MIAMI--(BUSINESS WIRE)--Feb. 4, 1999--
Comparable Store Sales Increase 13 Percent
Perfumania, Inc. (NASDAQ: PRFM), the nation's largest perfumery chain, announced today comparable retail
store sales for the month of January increased 13 percent over sales of January 1998.
Total retail sales for January 1999 were $6,651,529, a 20 percent increase over total retail sales of
$5,546,075, reported in January 1998. The Company reported that wholesale sales for the month of January
1999 increased 11 percent to $6,125,327, from sales of $5,538,837 in January 1998.
Perfumania recently announced the launching of www.perfumania.com, its online fragrance store. The web store
was launched by a media advertising campaign and cross marketing promotions with its 290 retail stores.
Perfumania, Inc. is a leading speciality retailer and wholesale distributor of a wide range of brand name and
designer fragrances with some $180 million in annual sales. The Company operates a chain of more than 290
retail stores specializing in the sale of fragrances at discounted prices up to 70 percent below the manufacturer's
suggested retail prices. The Company's wholesale division, one of the largest in the United States, distributes
fragrances and related products to national and regional chains and other wholesale distributors throughout
North America and overseas.
This press release contains forward-looking statements that involve risks and uncertainties that could cause
actual results to differ materially from those set forth in the forward-looking statements. Such risks and
uncertainties are described in the Company's filings with the SEC, including its Registration Statement on Form
SB-2.
This release is available on the KCSA Worldwide website at www.kcsa.com.
CONTACT: Perfumania Inc., Miami
Ilia Lekach
305/889-1520
or
KCSA, New York
Joseph A. Mansi/Mark Schwartz
212/896-1205, 212/896-1220
Have a good day,
Fred |
