Mothers Work Reports Preliminary Sales for November 2006 and Reaffirms First Quarter and Full Year Sales and Earnings Guidance.

Publication: PR Newswire

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COPYRIGHT 2006 PR Newswire Association LLC

PHILADELPHIA, Nov. 30 /PRNewswire-FirstCall/ -- Mothers Work, Inc. , the world's leading maternity apparel retailer, today announced preliminary net sales for the month of November 2006 (ending November 30, 2006) and reaffirmed its previous guidance for sales and earnings for the first quarter and full fiscal year 2007.

Preliminary net sales for the month of November 2006 decreased approximately 4.4% to approximately $45.6 million from $47.7 million reported for the month of November 2005. The decrease in net sales for November 2006 was primarily driven by a decrease in sales for the month from the Company's Oh Baby! by Motherhood(TM) licensed arrangement with Kohl's(R), reflecting a shift in the timing of shipments compared to last year and, to a lesser extent, by decreased comparable store sales. The decrease in sales from the Kohl's licensed arrangement reflects a shift in the timing of product...

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