BROOKSTONE ANNOUNCES FIRST QUARTER SALES.NASHUA Nashua (năsh`  ə), city (1990 pop. 79,662), seat of Hillsborough co., S N.H., on the Merrimack and Nashua rivers near the Mass. line; settled c.1655, inc. as a city 1853. , N.H.--(BUSINESS WIRE)--May 9, 1996--Brookstone, Inc.
(Nasdaq:BKST) today announced sales for the first quarter of fiscal
1996, ended May 4, 1996, increased 23.4% to $30.8 million compared to
$24.9 million for the first quarter of last year. Same store sales Same Store SalesA statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Notes: This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of increased 12.8%. Commenting of first quarter sales, Michael Anthony
Michael Anthony Sobolewski (born June 20 1954) is an American musician. , President and Chief Executive Officer of Brookstone, stated, "We are pleased to report our fifth consecutive quarter of improved same store sales performance. These improvements are the result of our continued focus on new product introductions. We look forward to reporting our continued progress throughout 1996." Brookstone, Inc. is a nationwide specialty retailer that operates 144 stores in 31 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . The stores, typically located in high-traffic regional shopping malls, feature consumer products that are both functional and distinctive in quality and design. The Company also operates a mail order catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. business for hard-to-find tools and other household products. CONTACT: BROOKSTONE, INC. John J. Rahilly, Patrice F. Janoch, 603/880-9500 or Morgen-Walke Associates Naomi Rosenfeld/Eileen Howard/Stefanie King Media Contact: Stacy Berns, 212/850-5600 |
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