Value City Department Stores, Inc. announced total sales for the five weeks ended July 5, 2003, increased 3.7% to $237.1 million from $228.7 million for the five weeks ended July 6, 2002. The company’s same store sales decreased 0.2% for the five week period.
Total sales for the twenty-two weeks ended July 5, 2003, increased 2.7% to $1.03 billion from $1.00 billion for the twenty-two weeks ended July 6, 2002. The company’s same store sales decreased 2.0% for the twenty-two week period.
Retail sales statistics are as follows:
Five weeks ended ($ in thousands)
July 5, 2003 July 6, 2002
$ % $ %
Total Sales
Value City Department Stores $133,960 56.5 $138,012 60.4
DSW Shoe Warehouse 73,380 31.0 62,016 27.1
Filene's Basement 29,737 12.5 28,694 12.5
$237,077 100.0 $228,722 100.0
Comparable Sales Percentage
Value City Department Stores (2.1)% (4.2)%
DSW Shoe Warehouse 3.7 % (6.2)%
Filene's Basement 1.7 % 1.3 %
(0.2)% (3.9)%
Twenty-Two weeks ended ($ in thousands)
July 5, 2003 July 6, 2002
$ % $ %
Total Sales
Value City Department Stores $585,570 56.9 $602,615 60.2
DSW Shoe Warehouse 325,581 31.7 274,469 27.4
Filene's Basement 117,383 11.4 124,171 12.4
$1,028,534 100.0 $1,001,255 100.0
Comparable Sales Percentage
Value City Department Stores (2.2)% (2.8)%
DSW Shoe Warehouse (0.4)% 0.0 %
Filene's Basement (4.6)% 3.4 %
(2.0)% (1.5)%
