Trading Statement
15 Janvier 2002 - 8:00AM
UK Regulatory
RNS Number:9578P
Debenhams PLC
15 January 2002
Debenhams plc - Trading Statement
- Strong sales growth over the Christmas period and start of the Sale
- Robust track record achieved over the last two years
- All major product categories and all stores performing well
During the 12 weeks to Saturday 12 January 2002 like for like sales were up
8.5%. All our 97 stores are performing well and all our major product
categories are achieving strong levels of sales growth.
In the 19 weeks to Saturday 12 January 2002, total sales rose by 10.1% and like
for like sales were up 7.2%. The gross margin was level and terminal stock
levels were lower than the previous year. These figures have been achieved
against strong comparatives during the same period last year when like for like
sales were up over 5%.
Belinda Earl, Chief Executive, commented:
"We were delighted with our sales over the Christmas period and during the start
of the Sale. These strong results were achieved against challenging comparatives
last year and clearly demonstrate our sustained sales momentum."
As previously advised, we will publish our Interim Results on 16 April 2002.
For further information:
Matthew Roberts, Finance Director: 020 7408 3229
Joanna Lane-Jones, Corporate Communications: 020 7408 3459
Martin Leeburn, The Maitland Consultancy: 020 7379 5151
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