Dress Barn Sales Up 3%

Suffern, N.Y. Dress Barn reported net sales for its fiscal first quarter ended Oct. 25, increased 3% to $376.4 million, compared to net sales of $363.7 million for the fiscal first quarter ended Oct. 27, 2007. Same-store sales for the quarter decreased 1%.

By division, net sales at dressbarn stores increased 2% to $232.8 million compared to net sales of $228.2 million in the first quarter of fiscal 2008. Same-store sales for the quarter were flat to last year.

Net sales at maurices stores increased 6% to $143.6 million compared to net sales of $135.5 million in the same quarter last year. Same-store sales for the quarter decreased 3%.

Net earnings for the fiscal first quarter increased 4% to $20.5 million compared to $19.6 million for the same period last year.