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Prepared and filed by St Ives Financial
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<p align="center"><font size="2" face="serif">UNITED STATES</font><br>
<font size="2" face="serif">SECURITIES AND EXCHANGE COMMISSION</font></p>
<p align="center"><font size="2" face="serif">WASHINGTON, D.C. 20549</font></p>
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<p align="center"><font size="2" face="serif">FORM 8-K</font></p>
<p align="center"><font size="2" face="serif">CURRENT REPORT</font><br>
<font size="2" face="serif">PURSUANT TO SECTION 13 OR 15(d) OF THE</font><br>
<font size="2" face="serif">SECURITIES EXCHANGE ACT OF 1934</font></p>
<p align="center"><font size="2" face="serif">Date of report (Date of earliest event reported):  July&nbsp;6, 2006</font></p>
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<p align="center"><font size="2" face="serif">Deb Shops, Inc.</font><br>
<font size="2" face="serif">&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;</font><br>
<font size="2" face="serif">(Exact Name of Registrant as Specified in Charter)</font></p>
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    <td width="33%"><font size="2" face="serif">Pennsylvania</font></td>
    <td width="34%"><font size="2" face="serif">0-12188</font></td>
    <td width="33%"><font size="2" face="serif">23-1913593</font></td>
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    <td width="33%"><font size="2" face="serif">(State or Other Jurisdiction </font></td>
    <td width="34%"><font size="2" face="serif">(Commission</font></td>
    <td width="33%"><font size="2" face="serif">(IRS Employer</font></td>
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    <td width="33%"><font size="2" face="serif">of
    Incorporation)</font></td>
    <td width="34%"><font size="2" face="serif">File Number)</font></td>
    <td width="33%"><font size="2" face="serif">Identification No.)</font></td>
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    <td width="50%"><font size="2" face="serif"> 9401 Blue Grass Road,</font></td>
    <td width="50%">&nbsp;</td>
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    <td width="50%"><font size="2" face="serif">Philadelphia,
    Pennsylvania</font></td>
    <td width="50%" align="center"><font size="2" face="serif">19114</font></td>
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    <td width="50%"><hr align="center" size="1" noshade>
    </td>
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    <td width="50%"><font size="2" face="serif">(Address of Principal Executive Offices)</font></td>
    <td width="50%" align="center"><font size="2" face="serif">(Zip Code)</font></td>
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<p align="center"><font size="2" face="serif">Registrant's telephone number, including area code: (215) 676-6000</font></p>
<p align="center"><font size="2" face="serif">Not Applicable</font><br>
<font size="2" face="serif">&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;&#150;</font><br>
<font size="2" face="serif">(Former Name or Former Address, if Changed Since Last Report)</font></p>
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<p align="left"><font size="2" face="serif">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<i>see </i>General Instruction A.2. below): </font></p>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
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<td align="left" width="6%"><font size="2" face="serif">[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</font></td>
<td align="left"><font size="2" face="serif">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font></td>
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<br><br>
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<td align="left" width="6%"><font size="2" face="serif">[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</font></td>
<td align="left"><font size="2" face="serif">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </font></td>
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<td align="left" width="6%"><font size="2" face="serif">[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</font></td>
<td align="left"><font size="2" face="serif">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></td>
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<td align="left" width="6%"><font size="2" face="serif">[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</font></td>
<td align="left"><font size="2" face="serif">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font></td>
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<p align="left"><font size="2" face="serif"><b>Item 8.01. &nbsp;&nbsp;&nbsp;Other Events.</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On July&nbsp;6, 2006, Deb Shops, Inc. issued a press release announcing its June sales and updating its full-year sales and earnings estimates.  A copy of the press release is attached hereto as Exhibit 99.1.</font></p>
<p align="left"><font size="2" face="serif"><b>Item 9.01. &nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following exhibit is filed with this Current Report on Form 8-K:</font></p>
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<td width="3%"><font size="2" face="serif">Exhibit<br>
    <u>No.</u></font></td>
<td width="3%">&nbsp;</td>
<td><font size="2" face="serif"><u>Description</u></font></td>
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<td width="3%"><font size="2" face="serif">&nbsp;99.1</font></td>
<td>&nbsp;</td>
<td>
<font size="2" face="serif"> Press release, dated July&nbsp;6, 2006, captioned &#147;DEB SHOPS, INC. REPORTS JUNE SALES; UPDATES FULL-YEAR SALES AND EARNINGS ESTIMATES.&#148;</font></td>
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<p align="center"><font size="2" face="serif"><u>Signatures</u></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>
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    <td>&nbsp;</td>
    <td width="30%">&nbsp;</td>
    <td colspan="2"><font size="2" face="serif">DEB SHOPS, INC.</font></td>
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    <td>&nbsp;</td>
    <td width="30%">&nbsp;</td>
    <td width="3%">&nbsp;</td>
    <td>&nbsp;</td>
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    <td><font size="2" face="serif">Dated: July&nbsp;6, 2006</font></td>
    <td width="30%">&nbsp;</td>
    <td width="3%"><font size="2" face="serif">By:</font></td>
    <td><font size="2" face="serif"><u> Barry
    J. Susson&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></td>
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    <td>&nbsp;</td>
    <td width="30%">&nbsp;</td>
    <td width="3%">&nbsp;</td>
    <td><font size="2" face="serif">Barry
    J. Susson</font></td>
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    <td>&nbsp;</td>
    <td width="30%">&nbsp;</td>
    <td width="3%">&nbsp;</td>
    <td><font size="2" face="serif">Chief Financial Officer</font></td>
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<p align="center"><font size="2" face="serif"><u>EXHIBIT INDEX</u></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following exhibit is filed as part of this Current Report on Form 8-K:</font></p>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr align="left" valign="top">
<td width="3%"><font size="2" face="serif">Exhibit<br>
    <u>No.</u></font></td>
<td width="3%">&nbsp;</td>
<td><font size="2" face="serif"><u>Description</u></font></td>
</tr>
<tr align="left" valign="top">
<td width="3%"><font size="2" face="serif">&nbsp;99.1*</font></td>
<td width="3%">&nbsp;</td>
<td>
<font size="2" face="serif"> Press release, dated July 6, 2006, captioned &#147;DEB SHOPS, INC. REPORTS JUNE SALES; UPDATES FULL-YEAR SALES AND EARNINGS ESTIMATES.&#148;</font></td>
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<tr valign="bottom">
  <td>&nbsp;</td>
  <td>&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
<tr valign="bottom">
<td width="3%"><font size="2" face="serif">&nbsp;</font></td>
<td width="3%"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">* Filed electronically herewith.</font></td>
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{"company-data": {"conformed-name": "DEB SHOPS INC", "cik": "0000715779", "assigned-sic": "5621", "irs-number": "231913593", "state-of-incorporation": "PA", "fiscal-year-end": "0131"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-12188", "film-number": "06948021"}, "business-address": {"street1": "9401 BLUE GRASS RD", "city": "PHILADELPHIA", "state": "PA", "zip": "19144", "phone": "2156766000"}, "mail-address": {"street1": "9401 BLUE GRASS ROAD", "city": "PHILADELPHIA", "state": "PA", "zip": "19114"}}
Prepared and filed by St Ives Financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
–––––––––––––––––––––––
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):  July 6, 2006
––––––––––
Deb Shops, Inc.
––––––––––––––––––––––––––––––––––––––––––––––––
(Exact Name of Registrant as Specified in Charter)
Pennsylvania
0-12188
23-1913593
(State or Other Jurisdiction
(Commission
(IRS Employer
of
    Incorporation)
File Number)
Identification No.)
9401 Blue Grass Road,
Philadelphia,
    Pennsylvania
19114
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code: (215) 676-6000
Not Applicable
–––––––––––––––––––––––––––––––––––––––––––––––––––––
(Former Name or Former Address, if Changed Since Last Report)
––––––––––
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
[     ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[     ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[     ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[     ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
––––––––––
Item 8.01.    Other Events.
On July 6, 2006, Deb Shops, Inc. issued a press release announcing its June sales and updating its full-year sales and earnings estimates.  A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01.    Financial Statements and Exhibits.
(c)      Exhibits
The following exhibit is filed with this Current Report on Form 8-K:
Exhibit
No.
Description
99.1
Press release, dated July 6, 2006, captioned "DEB SHOPS, INC. REPORTS JUNE SALES; UPDATES FULL-YEAR SALES AND EARNINGS ESTIMATES."
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DEB SHOPS, INC.
Dated: July 6, 2006
By:
Barry
    J. Susson
Barry
    J. Susson
Chief Financial Officer
EXHIBIT INDEX
The following exhibit is filed as part of this Current Report on Form 8-K:
Exhibit
No.
Description
99.1*
Press release, dated July 6, 2006, captioned "DEB SHOPS, INC. REPORTS JUNE SALES; UPDATES FULL-YEAR SALES AND EARNINGS ESTIMATES."
* Filed electronically herewith.