June Results Mixed

New York City Stage Stores Inc. announced Tuesday that its same-store sales were up 1.2% for the five weeks ending July 5; total sales rose 6.4% to $142 million. Results, said the company, were driven by growth across most categories and regions.

San Diego-based PriceSmart also released June results on Tuesday. The company, which operates warehouse clubs in Central America and the Caribbean, said its June same-store sales rose 20%. Total sales for the four weeks ended June 30 rose 25.4% to $92 million from $73.4 million.

The company operated 25 warehouse clubs during the month, compared with 23 in June 2007.

Atlanta-based Haverty Furniture Cos., mirroring a trend that has furnishings retailers in a severe decline, experienced June same-store sales falls of 26.2%.

Total sales for the month fell 24% to $52.9 million from $69.4 million in the prior-year period.

For the second quarter, total sales dropped 10% to $168.4 million from $187.1 million in the second quarter of 2007.

Same-store sales in the quarter dropped 12.7%.

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