Ann Taylor Stores (ANN) Reports August Sales

For the four-week period ended September 1, 2007, Ann Taylor Stores Corporation (NYSE: ANN) reported net sales increased 9.1% to $162.7 million, compared with net sales of $149.2 million for the four-week period ended August 26, 2006.

By division, net sales for Ann Taylor increased 1.5% to $57.5 million in August 2007, compared with net sales of $56.6 million in August 2006. For Ann Taylor LOFT, net sales increased 7.9% to $79.3 million in August 2007, compared with net sales of $73.5 million in August 2006.

Comparable store sales for the August 2007 period increased 2.9%, versus a comparable store sales gain of 1.9% in the August 2006 period.

By division, comparable store sales for Ann Taylor increased 1.7% in the 2007 period, compared with an increase of 6.9% the prior year. For Ann Taylor LOFT, comparable store sales declined 1.5% in August 2007, compared with a decrease of 1.0% the prior year.

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