Cache (CACH) May Same Store Sales Up 5%
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Cache Inc. (NASDAQ: CACH) May same store sales increase 5% versus a 2% decline in the same period last year. Sales during the month were $23.3 million, an increase of $1.4 million over May '07.
Thomas Reinckens, Chairman and CEO of Cache, Inc. commented: "We were pleased with our May comparable store sales increase of 5%, which was driven by regular price selling with particular strength in our Sportswear category. Trends for the first ten days of fiscal June have continued positively, demonstrating that our strategies in merchandising and marketing are on target with our customers' desires."
Cache, Inc. operates as a mall-based specialty retailer of women's lifestyle sportswear and dresses in the United States.
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