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BED BATH & BEYOND INC. REPORTS FEBRUARY, FOURTH QUARTER 1992 AND 1992 YEAR END SALES

 SPRINGFIELD, N.J., March 4 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today reported net sales increases for the month of February, the fourth quarter and fiscal year 1992. The company's fiscal year ended on Feb. 28.
 Net sales for February (a five week period) were approximately $20.8 million compared with $15.6 million for the same month last year, an increase of approximately 33.2 percent. Comparable store sales for the month increased by approximately 5.9 percent.
 Net sales for the fourth quarter were approximately $64.5 million compared with $46.8 million for the fourth quarter last year, an increase of approximately 37.8 percent. Comparable store sales for the quarter increased by approximately 10.7 percent.
 Net sales for fiscal 1992 were approximately $216.8 million compared with $167.6 million for fiscal 1991, an increase of approximately 29.3 percent. Comparable store sales for the year increased by approximately 7.2 percent.
 Bed Bath & Beyond operates a nationwide chain of "superstores" selling better quality domestics merchandise and home furnishings.
 -0- 3/4/93
 /CONTACT: Richard D. Falcone, chief financial officer and treasurer of Bed Bath & Beyond, 201-379-1520/
 (BBBY)


CO: Bed Bath & Beyond Inc. ST: New Jersey IN: REA SU:

PS-SM -- NY010 -- 2792 03/04/93 08:44 EST
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Publication:PR Newswire
Date:Mar 4, 1993
Words:214
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