BROOKSTONE ANNOUNCES FOURTH 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)--February 8, 1996--Brookstone, Inc.
(Nasdaq:BKST) today announced sales for the fourth quarter of fiscal
1995, ended February 3, 1996, increased 19.4% to $105,051,000 compared
to $87,991,000 for the fourth 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 3.6% on a 13 week basis. Net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight for the fiscal year ended February 3, 1996 increased 17.2% to $196,308,000 from the $167,575,000 reported in the same period last year. Same store sales increased 2.1% on a 52 week basis. Excluding the fifty-third week, net sales increased 16.9% to $102,844,000 and 15.8% to 194,101,000, respectively, for the 13 and 52 weeks ended January 27, 1996, compared to the same periods last year. Brookstone, Inc. is a nationwide specialty retailer that operates 144 stores in 30 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: Suzanne Miller, 212/850-5600 |
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