AnnTaylor Stores (ANN) May Comps Up 12%

June 1, 2006 8:02 AM EDT
AnnTaylor Stores Corporation (NYSE: ANN) said comparable store sales for the four-week period ended May 27, 2006 increased 12.0 percent compared to a comparable store sales decrease of 7.1 percent for the same four-week period last year.

Kay Krill, President & Chief Executive Officer of Ann Taylor, stated, "Our sales momentum continued to be strong in all regions throughout the month of May in both brands. The Ann Taylor division delivered its tenth consecutive month of positive comparable store sales, and we continue to see excellent results in dresses, suits, skirts, woven tops and jewelry. The LOFT division had another outstanding month, with fashion and embellishment selling across all categories. Dresses, skirts, gauchos, city shorts, feminine blouses, knit tops and separates and shoes were especially strong. Additionally, our petites business at both brands, in store and on-line, continued to perform well."

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