ASAP fashion news archive - apparel industry news from before September 2005
This page is part of the ASAP fashion news archive on Apparel Search, which collected apparel, fashion and textile industry news from before September 2005. For current coverage, see the Apparel Search news page and the fashion blog.
From: ASAP
Gadzooks, Inc. (Nasdaq: GADZ) today announced that sales for the four weeks of fiscal May ended May 31, 2003 increased 4.4 percent to $23.9 million from $22.9 million for fiscal May 2002. Comparable store sales increased 5.1 percent for the May period, compared to a 1.2 percent decrease for fiscal May of 2002. For the first 17 weeks of fiscal 2003, total sales decreased 6.5 percent to $94.6 million from $101.2 million for the comparable period of fiscal 2002. Comparable store sales have declined 7.1 percent for the first 17 weeks of fiscal 2003, versus a 2.0 percent decline for the first 17 weeks of fiscal 2002. For further details, please call 972-662-4201 to listen to Gadzooks' monthly sales commentary. Dallas-based Gadzooks is a mall-based specialty retailer of casual clothing and accessories offering young men's apparel, junior apparel, accessories and footwear. The Company is converting its stores to an all- female assortment early in the second half of 2003. Gadzooks currently operates 425 Gadzooks stores and four Orchid stores, for a total of 429 stores in 41 states. Gadzooks' Web site address is www.gadzooks.com .