Retail Ventures, Inc. saw sales increase 2.7% to $684.5 million from $666.7 million for the second quarter. The company’s same store sales increased 0.6% for the thirteen week period.
Total sales for the twenty-six weeks ended July 29, 2006 increased 4.4% to $1.41 billion from $1.35 billion for the twenty-six weeks ended July 30, 2005. The company’s same store sales increased 2.1% for the twenty-six week period.
Retail sales statistics are as follows:
Thirteen weeks ended ($ in thousands)
July 29, 2006 July 30, 2005
$ % $ %
Total Sales
Value City Department Stores $290,362 42.4 $301,170 45.2
DSW 301,302 44.0 276,211 41.4
Filene's Basement 92,844 13.6 89,353 13.4
$684,508 100.0 $666,734 100.0
Comparable Sales Percentage
Value City Department Stores (2.2)% (4.8)%
DSW 2.2 % 3.3 %
Filene's Basement 5.4 % 1.6 %
0.6 % (1.1)%
Twenty-six weeks ended ($ in thousands)
July 29, 2006 July 30, 2005
$ % $ %
Total Sales
Value City Department Stores $604,789 43.0 $612,625 45.5
DSW 617,789 43.9 558,017 41.4
Filene's Basement 183,443 13.1 176,137 13.1
$1,406,021 100.0 $1,346,779 100.0
Comparable Sales Percentage
Value City Department Stores 0.2 % (6.4)%
DSW 3.2 % 3.9 %
Filene's Basement 5.0 % 1.8 %
2.1 % (1.8)%
