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NEW YORK - Women's clothing retailer Cache Inc. said Thursday its same-store sales dropped 6 percent in August partly due to Tropical Storm Fay's impact on Florida.
| CACH | 4.89 |  -0.03 |
Analysts polled by Thomson Reuters expected a 1.2 percent decline.
Chairman and Chief Executive Thomas Reinckens said in a statement that Tropical Storm Fay hurt one of its biggest markets by causing the temporary closure of some Florida stores.
For the four weeks ended Aug. 23, revenue fell 5 percent to $16.3 million.
Year-to-date same store sales climbed 2 percent, while revenue increased 3 percent to $175 million.
Cache operates 295 Cache and Cache Luxe stores in 43 states, the Virgin Islands and Puerto Rico.
The New York City will give 500 tickets for the ceremony on Thursday from 2:00 p.m. to 4:00 p.m. EST.
Online distributor for point of sale equipment, TYSSO and Pegasus.
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