Mothers Work (MWRK) Sept Comps Up 10.6%
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Mothers Work, Inc. (Nasdaq: MWRK) said comparable store sales for September 2006 increased 10.6%. The company said excluding the one-time expense related to its repurchase of Senior Notes during the fourth quarter, it expects to exceed its previous earnings guidance for the fourth quarter of fiscal 2006 ended September 30, 2006.
Preliminary net sales increased 7.3% to $602.8 million for the fiscal year ended September 30, 2006, from $561.6 million for the same period of the preceding year. Comparable store sales increased 4.3% during fiscal 2006 (based on 932 locations) versus a comparable store sales decrease of 2.5% during fiscal 2005 (based on 832 locations).
Preliminary net sales increased 7.3% to $602.8 million for the fiscal year ended September 30, 2006, from $561.6 million for the same period of the preceding year. Comparable store sales increased 4.3% during fiscal 2006 (based on 932 locations) versus a comparable store sales decrease of 2.5% during fiscal 2005 (based on 832 locations).
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