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robtb8: (the "Company"), one of the world's leading specialty retailers of fashionable jewelry and accessories for young women, teens, tweens, and kids, today reported its financial results for the fiscal 2016 third quarter, which ended October 29,...
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(the "Company"), one of the world's leading specialty retailers of fashionable jewelry and accessories for young women, teens, tweens, and kids, today reported its financial results for the fiscal 2016 third quarter, which ended October 29, 2016. Third Quarter Results The Company reported consolidated net sales of $312.0 million for the fiscal 2016 third quarter, a decrease of $20.6 million, or 6.2% compared to the fiscal 2015 third quarter. The decrease was attributable to the effect of store closures, an unfavorable foreign currency translation effect of our non-U.S. net sales, a decrease in same store sales and decreased shipments to franchisees, partially offset by an increase in new concession store sales and new store sales. Net sales would have decreased 4.0% excluding the impact of foreign currency exchange rate changes. Consolidated same store sales decreased 1.6%, with North America same store sales decreasing 1.0% and Europe same store sales decreasing 2.5%. The Company comp
(the "Company"), one of the world's leading specialty retailers of fashionable jewelry and accessories for young women, teens, tweens, and kids, today reported its financial results for the fiscal 2016 third quarter, which ended October 29, 2016. Third Quarter Results The Company reported consolidated net sales of $312.0 million for the fiscal 2016 third quarter, a decrease of $20.6 million, or 6.2% compared to the fiscal 2015 third quarter. The decrease was attributable to the effect of store closures, an unfavorable foreign currency translation effect of our non-U.S. net sales, a decrease in same store sales and decreased shipments to franchisees, partially offset by an increase in new concession store sales and new store sales. Net sales would have decreased 4.0% excluding the impact of foreign currency exchange rate changes. Consolidated same store sales decreased 1.6%, with North America same store sales decreasing 1.0% and Europe same store sales decreasing 2.5%. The Company comp
(the "Company"), one of the world's leading specialty retailers of fashionable jewelry and accessories for young women, teens, tweens, and kids, today reported its financial results for the fiscal 2016 third quarter, which ended October 29, 2016. Third Quarter Results The Company reported consolidated net sales of $312.0 million for the fiscal 2016 third quarter, a decrease of $20.6 million, or 6.2% compared to the fiscal 2015 third quarter. The decrease was attributable to the effect of store closures, an unfavorable foreign currency translation effect of our non-U.S. net sales, a decrease in same store sales and decreased shipments to franchisees, partially offset by an increase in new concession store sales and new store sales. Net sales would have decreased 4.0% excluding the impact of foreign currency exchange rate changes. Consolidated same store sales decreased 1.6%, with North America same store sales decreasing 1.0% and Europe same store sales decreasing 2.5%. The Company comp
(the "Company"), one of the world's leading specialty retailers of fashionable jewelry and accessories for young women, teens, tweens, and kids, today reported its financial results for the fiscal 2016 third quarter, which ended October 29, 2016. Third Quarter Results The Company reported consolidated net sales of $312.0 million for the fiscal 2016 third quarter, a decrease of $20.6 million, or 6.2% compared to the fiscal 2015 third quarter. The decrease was attributable to the effect of store closures, an unfavorable foreign currency translation effect of our non-U.S. net sales, a decrease in same store sales and decreased shipments to franchisees, partially offset by an increase in new concession store sales and new store sales. Net sales would have decreased 4.0% excluding the impact of foreign currency exchange rate changes. Consolidated same store sales decreased 1.6%, with North America same store sales decreasing 1.0% and Europe same store sales decreasing 2.5%. The Company comp
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