DEBS Deb Shops (MM)

PHILADELPHIA, Feb. 8 /PRNewswire-FirstCall/ -- Deb Shops, Inc. (NASDAQ:DEBS) today reported that comparable store sales decreased 3.8% for the month ended January 31, 2007. Comparable store sales decreased 7.2% for the fourth quarter and decreased 3.3% for fiscal 2007. For the month ended January 31, 2007, total sales decreased 0.2% to $21.38 million from $21.43 million for the month ended January 31, 2006. For the fourth quarter, total sales decreased 3.7% to $85.7 million compared to $89.0 million for the prior year quarter. For fiscal 2007, total sales decreased 0.2% to $324.8 million from $325.3 million for fiscal 2006. The Company reports financial results on the calendar month, therefore, differences in timing will occur when comparing Deb Shops' results to those of retailers reporting on a 4-5-4 calendar. For fiscal year 2008, Deb Shops, Inc. expects to report monthly sales according to the following calendar: Month End Reporting Date February 2007 March 8, 2007 March 2007 April 5, 2007* April 2007 May 3, 2007* May 2007 June 7, 2007 June 2007 July 5, 2007* July 2007 August 2, 2007* August 2007 September 6, 2007 September 2007 October 4, 2007* October 2007 November 8, 2007 November 2007 December 6, 2007 December 2007 January 3, 2008* January 2008 February 7, 2008 *Denotes dates that differ from reporting dates under the 4-5-4 calendar. Deb Shops, Inc. is a national specialty retailer of fashionable apparel, shoes and accessories for juniors in both regular and plus sizes. The Company operates 336 specialty apparel stores in 42 states under the DEB and Tops 'N Bottoms names. DATASOURCE: Deb Shops, Inc. CONTACT: Barry Susson, Chief Financial Officer of Deb Shops, Inc., +1-215-676-6000, ext. 362; or Brendon Frey of Integrated Corporate Relations +1-203-682-8216, for Deb Shops, Inc. Web site: http://www.debshops.com/

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