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AILEEN, INC. REPORTS FIRST QUARTER 1992 RESULTS

 AILEEN, INC. REPORTS FIRST QUARTER 1992 RESULTS
 NEW YORK, Feb. 26 /PRNewswire/ -- AILEEN, INC. (NYSE: AEE), a


manufacturer and retailer of women's apparel, today announced its results of operations for the first fiscal quarter ended Feb. 1, 1992. Such results, on a comparative basis with the prior fiscal year's results, are as follows:
 STATEMENT OF INCOME
 (Unaudited) (Unaudited)
 13 Weeks Ended 13 Weeks Ended
 February 1, 1992 February 2, 1991
 Net Sales $12,498,000 $11,856,000
 Net (Loss) $ (358,000) $ (515,000)
 (Loss) Per Share $ (.07) $ (.10)
 Net sales, as previously reported, increased by $642,000 (5.4 percent) over the comparable period of the prior year. Net sales of the Company's retail stores increased $2,357,000 (25.0 percent) while net sales to wholesale accounts declined $1,715,000 (71.1 percent), which is consistent with the Company's focus on its retail operations.
 Comparable store sales (which includes 94 stores) increased 7.5 percent over such sales for the same period in the prior year. The average sales per store increased by 15 percent over the same period in the prior year. A total of 122 stores were in operation at Feb. 1, 1992 compared to 111 stores at Feb. 2, 1991.
 The net loss improved by $157,000 (30.5 percent) over the comparable period of the prior year. The gross margin improved from 44.5 percent to 49.2 percent over the prior year due mainly to higher retail store sales which have a higher margin than the wholesale business.
 -0- 2/26/92
 /CONTACT: Robert W. Tarpley, AILEEN, Inc., 703-984-4181/
 (AEE) CO: AILEEN, Inc. ST: Virginia IN: REA SU: ERN


DF -- CH001 -- 2645 02/26/92 08:05 EST
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Date:Feb 26, 1992
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