Claire's fashions a Q4 comps increase

CHICAGO — Claire's Stores reported net sales of $493.4 million for the fiscal 2012 fourth quarter, an increase of $58.5 million, or 13.4% compared with the fiscal 2011 fourth quarter. 

During fiscal 2012 fourth quarter, the company entered two new countries, opening three stores in China and two stores in Italy.

Consolidated same-store sales increased 5.4% for the quarter, with North America same-store sales increasing 5.9%, and Europe same-store sales increasing 4.4%.  

Net sales in fiscal 2012 were $1.6 billion, an increase of $61.1 million, or 4.1%, compared with 2011. Consolidated same-store sales increased 1.8% for the year, with North America same stores increasing 1.9% and Europe same stores increasing 1.7%.