FOR IMMEDIATE RELEASE:
Frederick's of Hollywood Announces a 6.3% Increase in December Comparable Store Sales- - -
Hollywood, CA (January 5, 2012)-Frederick's of Hollywood
Group Inc. (NYSE Amex: FOH) ("Company") announced today that
its comparable store sales for the five weeks ended December
31, 2011 increased 6.3% compared to the five weeks ended
January 1, 2011. The Company also announced a comparable
store sales increase of 5.3% for the 22 weeks ended December
31, 2011, compared to the 22 weeks ended January 1, 2011.
"The 2012 Holiday season was topped off by strong comparable
store sales and healthy store margins for the December
period. It is exciting to see many of the improvements made
to drive sales for our retail stores, including our new
product line introduced in mid-2011, continued to gain
traction throughout the holiday period," stated Thomas Lynch,
the Company's Chairman and Chief Executive Officer.
Certain of the matters set forth in this press release are forward-looking and involve a number of risks and uncertainties. These statements are based on management's current expectations or beliefs. Actual results may vary materially from those expressed or implied by the statements herein. Among the factors that could cause actual results to differ materially are the following: competition; business conditions and industry growth; rapidly changing consumer preferences and trends; general economic conditions; working capital needs; continued compliance with government regulations; loss of key personnel; labor practices; product development; management of growth, increases in costs of operations or inability to meet efficiency or cost reduction objectives; timing of orders and deliveries of products; risks of doing business abroad; the ability to protect our intellectual property; and the other risks that are described from time to time in the Company's SEC reports. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.
About Frederick's of Hollywood Group Inc.
Frederick's of Hollywood Group Inc., through its
subsidiaries, sells women's intimate apparel, swimwear and
related products under its proprietary Frederick's of
Hollywood® brand through 123 specialty retail
stores, a world-famous catalog and an online shop at
http://www.fredericks.com/. With its exclusive product
offerings including Seduction by Frederick's of Hollywood and
the Hollywood Exxtreme Cleavage® bra,
Frederick's of Hollywood is the Original Sex
Symbol®.
Our press releases and financial reports can be accessed on
our corporate website at http://www.fohgroup.com. This
release is available on the KCSA Strategic Communications Web
site at http://www.kcsa.com.
CONTACT:
Frederick's of Hollywood Group Inc. Thomas Rende, CFO
(212) 779-8300
Investor Contacts:
Todd Fromer / Garth Russell
KCSA Strategic Communications
212-896-1215 / 212-896-1250 tfromer@kcsa.com / grussell@kcsa.com
distribué par | Ce noodl a été diffusé par Frederick's of Hollywood Group Inc. et initialement mise en ligne sur le site http://www.fredericks.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-05 20:03:57 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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