David Jaffe
President & CEO
Our Business Model
Our History
1962:
began
2011: We become
2009:
partnership begins
2005: joins
the family
1983: becomes
a public company
2012: We welcome
to the family
Common Threads
We love to learn.
We consider “giving back” a responsibility.
We are customer-obsessed.
We have fun!
Our Brands
Our Values are at the “heart” of everything we do.
be driven.
perform high, set goals, achieve results.
be creative.
encourage innovation,
leverage new ideas.
be ethical.
always do the right thing.
be balanced.
have fun, enjoy life,
take care of you.
be focused.
customer first — in everything we do.
0%
5.0%
10.0%
15.0%
20.0%
Justice Market Share
Tween girls 7-12 apparel market, 12 ME Dec 11, 10
Source – NPD Group
Dotted line represents 2010 Market Share
(110 bps)
40 bps
140 bps
50 bps
(10 bps)
(80 bps)
20 bps
2011
13.9%
10.6%
10.4%
7.9%
6.1%
4.5%
3.3%
2010
15.0%
10.2%
9.0%
7.4%
6.2%
5.3%
3.1%
Justice Peer Group Comp Sales
9%
3%
2%
2%
Flat
1%
(3%)
(3%)
(4%)
Justice
TGT
GYMB
JCP
KSS
WMT
Old Navy
Gap
PLCE
-4%
-2%
0%
2%
4%
6%
8%
10%
Twelve Months Ended January 2012
Justice Locations
917 Stores in 46 States, Puerto Rico & Canada
National presence in medium to large markets
1,100 store potential
65 new stores planned in FY12
Justice Merchandise Mix
Mix
Fashion Level
Our Vision:
Simply the best hometown specialty store.
Customer Obsession
Teamwork & Collaboration
Leadership at all Levels
Accountability
Continuous Learning
Mind the Bottom Line
Our Values:
maurices Peer Group Comp Sales
9%
7%
6%
2%
2%
(3%)
(4%)
(8%)
1%
2%
maurices Locations
803 Stores in 44 States
Small market focus:
25K to 150K population
1,100 store potential
60 new stores planned in FY12
maurices Merchandise Mix
Lifestyle
Fashion Level
maurices Customer Demographics
Age: 17 – 34
Life Stage: Ranges from
school, to work, to family
Single, married, young
moms
Mostly employed
HH Income: $55K+
Our Mission
Inspiring Women to
Look and Feel
Beautiful
Our Values
dressbarn Peer Group Comp Sales
8%
7%
5%
4%
4%
2%
(8%)
(3%)
(22%)
(2%)
1%
(1%)
2%
825 Stores in 47 States
National presence in medium to large markets
1,000 store potential
22 new stores planned in FY12
dressbarn Locations
dressbarn Merchandise Mix
Lifestyle
Fashion Level
dressbarn Customer Demographics
Age: 35 - 55
Life Stage: Balancing
work & family
Mostly married with
children
Mostly employed
HH Income: $65+
married/partner
Consistent Performance
Quarterly Comps
Historic Net Income Performance
10-Year Net Income (Non-GAAP)
$M
Justice
Merger
maurices
Merger
2 for 1 Stock Split
March 31, 2006
$47.95 pre-split
2 for 1 Stock Split
May 31, 2002
$31.65 pre-split
*$100 invested on 8/1/01 in stock or 7/31/01 in index, including reinvestment of dividends. Indexes calculated on month-end basis.
Stock Performance
10-Year Cumulative Total Returns*
Our Intent
Develop even greater efficiency by integrating
shared service areas where possible.
Keep people engaged through the transition
process.
Transparency in communication
Involvement in integration plans
Manage this change well-beyond the closing.
Respect each individual in this process.
Questions?
?