Value City Department Stores, Inc. announced today total sales for the four weeks ended May 31, 2003, increased 8.7% to $202.9 million from $186.6 million for the four weeks ended June 1, 2002. The company’s same store sales increased 3.2% for the four week period.
Total sales for the seventeen weeks ended May 31, 2003, increased 2.4% to $791.5 million from $772.5 million for the seventeen weeks ended June 1, 2002. The company’s same store sales decreased 2.6% for the seventeen week period.
Retail sales statistics are as follows:
Four weeks ended ($ in thousands)
May 31, 2003 June 1, 2002
$ % $ %
Total Sales
Value City Department
Stores $108,715 53.6 $105,378 56.4
DSW Shoe Warehouse 69,147 34.1 56,476 30.3
Filene's Basement 25,059 12.3 24,766 13.3
$202,921 100.0 $186,620 100.0
Comparable Sales Percentage
Value City Department Stores 3.7 % (6.2)%
DSW Shoe Warehouse 4.5 % 3.2 %
Filene's Basement (1.8)% 1.6 %
3.2 % (3.0)%
Seventeen weeks ended ($ in thousands)
May 31, 2003 June 1, 2002
$ % $ %
Total Sales
Value City Department
Stores $451,610 57.0 $464,603 60.1
DSW Shoe Warehouse 252,201 31.9 212,453 27.5
Filene's Basement 87,646 11.1 95,477 12.4
$791,457 100.0 $772,533 100.0
Comparable Sales Percentage
Value City Department Stores (2.3)% (2.4)%
DSW Shoe Warehouse (1.5)% 1.8 %
Filene's Basement (6.5)% 4.0 %
(2.6)% (0.7)%
