GYMB Reports May Sales

The Gymboree Corporation (Nasdaq: GYMB) reported net sales from retail operations for the four-week period ended May 28, 2005, of $36.7 million, an increase of 6% compared to net sales from continuing retail operations of $34.7 million for the same four-week period last year. Comparable store sales for the four-week period decreased 1% compared to a 1% decrease in comparable store sales for the same period last year.

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