Perfumania Holdings, Inc. Reports Perfumania Comp Store Sales for July 2011 +14.4% YoY

Perfumania Holdings, Inc. PERF announced today that Perfumania, one of its wholly-owned subsidiaries which operates specialty retail fragrance stores throughout the United States and Puerto Rico, reported total net sales of $18.1 million for the four week fiscal month of July 2011 which ended July 30, 2011 versus $16.8 million for the four week fiscal month of July 2010 which ended July 31, 2010. For the second quarter of 2011, total net sales were $62.9 million versus $56.5 million last year. On a year-to-date basis, total net sales were $120.7 million in the current year compared with $108.4 million last year. For the month of July 2011, comparable store sales increased by 11.8%. For the second quarter ending July 2011, comparable store sales increased by 14.6%. Comparable store sales on a year-to-date basis increased by 14.4%. Comparable store sales measure sales from stores that have been open for one year or more. We exclude stores that are closed for renovation from comparable store sales from the month during which renovation commences until the first full month after reopening.