Value City Department Stores, Inc. announced total sales for the four weeks ended May 3, 2003, increased 6.8% to $205.8 million from $192.8 million for the four weeks ended May 4, 2002. The company’s same store sales increased 2.0% for the four week period.
Total sales for the thirteen weeks ended May 3, 2003, increased 0.4% to $588.5 million from $585.9 million for the thirteen weeks ended May 4, 2002. The company’s same store sales decreased 4.4% for the thirteen week period.
Retail sales statistics are as follows:
Four weeks ended ($ in thousands)
May 3, 2003 May 4, 2002
$ % $ %
Total Sales
Value City Department Stores $116,347 56.5 $109,201 56.6
DSW Shoe Warehouse 67,777 32.9 58,537 30.4
Filene's Basement 21,722 10.6 25,018 13.0
$205,846 100.0 $192,756 100.0
Comparable Sales Percentage
Value City Department Stores 7.1 % (9.2)%
DSW Shoe Warehouse (3.2)% 0.1 %
Filene's Basement (9.5)% 5.0 %
2.0 % (5.3)%
Thirteen weeks ended ($ in thousands)
May 3, 2003 May 4, 2002
$ % $ %
Total Sales
Value City Department Stores $342,894 58.3 $359,225 61.3
DSW Shoe Warehouse 183,051 31.1 155,976 26.6
Filene's Basement 62,587 10.6 70,711 12.1
$588,532 100.0 $585,912 100.0
Comparable Sales Percentage
Value City Department Stores (4.0)% (1.3)%
DSW Shoe Warehouse (3.6)% 1.4 %
Filene's Basement (8.1)% 4.9 %
(4.4)% 0.0 %
