Best Products Announces January Sales.RICHMOND, Va.--(BUSINESS WIRE)--Feb. 8, 1996--Best Products Co., Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BEST) today reported that sales for fiscal January, the five weeks ended February 3, 1996 increased 18.7% to $82.4 million compared to $69.4 million for the four weeks ended January 28, 1995. Comparable store sales for the four week-period ended January 27, 1996 decreased 11.4% compared to the same period in 1995. Fiscal year sales for the 53 weeks ended February 3, 1996 decreased 1.7% to $1,495.2 million compared to $1,521.2 million for the 52 weeks ended January 28, 1995. Comparable store sales for the 52 weeks ended January 27, 1996 decreased 7.5% to $1,375.1 million compared to $1,486.3 million for the same period ended January 28, 1995. The company said January sales were adversely impacted by inclement in·clem·ent adj. 1. Stormy: inclement weather. 2. Showing no clemency; unmerciful. in·clem weather in many key markets. Best Products, a specialty retailer offering category-dominant assortments of jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. and home products, operates 175 Best showrooms in 23 states. The company also operates 11 Best Jewelry stores and a nationwide mail-order service. CONTACT: Investor Relations Investor relations The process by which the corporation communicates with its investors. : Frederick Kraegel, 804/261-2150 Betsy Brod, 212/850-5600 or Media Contacts: Ross Ross , Sir Ronald 1857-1932. British physician. He won a 1902 Nobel Prize for proving that malaria is transmitted to humans by the bite of the mosquito. Richardson, 804/261-2157 Stacy Berns, 212/850-5600 |
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