Goody's total sales were $94.1 million for the fiscal month of August 2004, an increase of 8.0% from total sales of $87.1 million for the fiscal month of August 2003. Comparable store sales for August 2004 increased 3.5% compared with August 2003.
Total sales for the first seven months of fiscal 2004 increased 4.1% to
$691.6 million from $664.2 million for the same period last year. Comparable
store sales for the first seven months of fiscal 2004 increased 1.3% over the
same period last year.
Robert M. Goodfriend, Chairman and Chief Executive Officer, commented, “I
am pleased that we were able to achieve a comparable store sales increase for
August 2004 in what appears to be a slowing and uncertain retail apparel
environment. Customer response to our new Duck Head Jeans Co.(TM) merchandise,
introduced during the latter part of July 2004, has been very positive, and we
continue to experience good business in our exclusive Duck Head brand