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BERNARD CHAUS, INC., REPORTS RESULTS FOR FIRST QUARTER ENDED SEPT. 30, 1993

 NEW YORK, Nov. 9 /PRNewswire/ -- Bernard Chaus, Inc. (NYSE: CHS), today reported results for its fiscal quarter ended Sept. 30, 1993.
 Josephine Chaus, chairwoman and chief executive officer, announced that net sales for the first quarter of fiscal year 1994 increased 8 percent to $69.6 million from $64.2 million for the same quarter last year. Results were a net loss of $1.7 million, or 9 cents per share in the first quarter of fiscal year 1994 compared to net income of $2.4 million, or 13 cents per share, for the same quarter last year.
 Chaus said: "As previously noted, the affects of the sluggish economy, combined with our disposal of excess inventory, had the expected negative impact on first quarter results. More specifically, the decrease came from a smaller than usual proportion of sales at regular price, an increase in merchandise sold off-price as we disposed of excess inventory, and an increase in sales allowances.
 "In line with our previous statements, we are continuing to make the necessary changes to put us in a stronger position for the future. We completed our initial program to reduce operating expenses, continued to concentrate on the item classification business in department stores, put fewer styles on the line to bettor focus our position, continued our lower price points, and minimized the amount of merchandise manufactured for the immediate future seasons.
 "We believe that the circumstances that affected us in the first quarter will continue in the second quarter, however, I am optimistic that the positive steps we have taken will markedly improve our bottom line performance in the second half of this fiscal year."
 Bernard Chaus, Inc., is one of the largest producers of updated, moderately priced women's sportswear, sold in major department and specialty stores throughout the United States. Its common stock is listed on the New York Stock Exchange under the symbol CHS.
 BERNARD CHAUS, INC.
 Statement of Operating Data
 (Dollars in Thousands, Except Share Data)
 For the Fiscal For the Fiscal
 Quarter Ended Quarter Ended
 Sept. 30, 1993 Sept. 30, 1992
 Net sales $69,600 $64,187
 Cost of goods sold 56,482 47,702
 Gross profit 13,118 16,485
 Selling, general and
 administrative expenses 13,834 13,569
 Total (716) 2,916
 Interest and other income (2) 135
 Interest expense (942) (547)
 (Loss) income before provision
 for income taxes and
 extraordinary item (1,660) 2,504
 Provision for income taxes 37 978
 (Loss) inc. bef. extraord. item (1,697) 1,526
 Extraordinary item:
 Tax benefit from utilization
 of net operating loss
 carryforward -- 851
 Net (loss) income $(1,697) $2,377
 (Loss) income per common share ($0.09) $0.08
 (Loss) income per common
 share from extraordinary item 0.00 0.05
 Net (loss) inc. per common share ($0.09) $0.13
 Weighted average number of
 common shares outstanding 18,352,331 18,862,000
 Selected Balance Sheet Data
 (Dollars in Thousands)
 Sept. 30, Sept. 30,
 1993 1992
 Cash and cash equivalents $615 $5,730
 Accounts receivable, net 46,510 46,970
 Inventory 37,237 26,784
 Working capital 39,266 49,306
 Total assets 95,277 88,798
 Total liabilities 63,827 43,021
 Stockholders' equity 31,450 45,777
 -0- 11/9/93
 /CONTACT: Anthony M. Pisano of Bernard Chaus, Inc., 201-863-4646/
 (CHS)


CO: Bernard Chaus, Inc. ST: New York IN: TEX SU: ERN

CK-TW -- NY107 -- 2414 11/09/93 16:16 EST
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Date:Nov 9, 1993
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