Bombay Co.

The Bombay Company Inc. (Fort Worth, Texas) has reported a 3 percent decrease in total revenue for the five-week period ended Jan. 1, 2005. Same-store sales declined 6 percent.

For the 48 weeks ending January 1, total revenue is down 4 percent and same-store sales are down 13 percent.

“Late holiday shopping and a strong value focus by our customers adversely impacted our operating margins for the period,” said chairman and ceo James Carreker. “However, we were successful in driving sales improvement versus our recent trends, and we expect to exit the holiday season and the year with a good inventory position from a dollar and mix standpoint. We were encouraged by the improving trends during the last part of the month and are especially pleased with sales of our Christmas specific merchandise.”