Despite challenges, Maurices continues to deliver solid earnings

A very tough overall retail environment resulted in Maurices first comparable sales decrease in over two years, the Duluth-headquartered company announced today. Total sales for the third quarter, which ended April 23, decreased 2% over the same period last year to $269.4 million as compared to $274.9 million. Comparable sales for the quarter were down 6%. On a year-to-date basis, total sales increased...

Maurices reports solid second quarter results, despite challenging retail holiday period

The new Maurices Headquarters in Downtown Duluth. Submitted
maurices Headquarters. SubmittedMaurices continued its streak of positive comparable sales increases in the second quarter of fiscal 2016 despite industry-wide traffic challenges over the holiday period, the Duluth-based company announced today. Total sales for the second quarter, which ended January 23, increased 4% over the same period last year to $291.6 million as compared to $279.8 million. Comparable...

Maurices reports record first quarter results

GeorgeGoldfarb110 (2)
Maurices followed up its record setting 2015 fiscal year with a very strong first quarter in fiscal 2016. Total sales for the first quarter, which ended October 24, increased 12% over the same period to $282.7 million as compared to $251.9 million last year. Comparable sales were up 7, representing the seventh consecutive quarter of positive comp growth for Maurices. Profits for the first quarter...

maurices profits surge 42% in 3rd Quarter

The new Maurices Headquarters in Downtown Duluth. Submitted
By Laura Seiger maurices sales results for the third quarter ending April 25, 2015, increased $23.2 million, or 9.2%, to $274.9 million versus $251.7 million for the same quarter last year. Construction of the new Maurices Headquarters is underway in Downtown Duluth. SubmittedComparable sales for the quarter were up 6%, driven by both strong brick and mortar and digital growth over last year. This...

Ascena Retail Group, Inc. reports first quarter financial results

George Goldfarb of Maurices. Howie / HowieBlog.com
Ascena Retail Group, Inc. today reported financial results for its fiscal first quarter ended October 25, 2014. For the first quarter of Fiscal 2015, earnings from continuing operations were $0.32 per diluted share. This compares to earnings from continuing operations of $0.33 per diluted share and a loss from discontinued operations of $0.01 per diluted share in the same period of Fiscal 2014. Adjusted...