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Bakers Footwear Reports Fourth Quarter Net Sales Time:2010/2/5 Source:

Bakers Footwear Group, Inc. (Nasdaq: BKRS), a leading specialty retailer of moderately priced fashion footwear for young women, with 239 stores, today reported net sales for the fourth quarter of fiscal 2009.


 

For January, the four-week period ended January 30, 2010, net sales were unchanged at $11.9 million, compared to the same period last year. Comparable store sales (sales for stores open at least one year or more) for the four-week January 2010 period increased 0.8%, compared to an increase of 4.2% for the four-week period ended January 31, 2009.


 

For the thirteen-weeks ended January 30, 2010, the Company's fourth fiscal quarter, net sales were $57.6 million, increasing 3.9% from $55.5 million for the thirteen-weeks ended January 31, 2009. Comparable store sales for the fourth quarter of fiscal 2009 increased 3.9%, compared to a comparable store sales increase of 3.6% for the fourth quarter of fiscal 2008.


 

For the fifty-two weeks ended January 30, 2010, the Company's fiscal year 2009, net sales were $185.4 million, an increase of 0.9% from $183.7 million in the fifty-two weeks ended January 31, 2009. Comparable store sales for fiscal year 2009 increased 1.3%, compared to a comparable store sales increase of 0.5% for fiscal year 2008.


 

 

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