Books-A-Million, Inc. Announces Holiday Sales Results.BIRMINGHAM, Ala ALA aminolevulinic acid. Ala alanine. ala (a´lah) pl. a´lae [L.] a winglike process. .--(BUSINESS WIRE)--Jan. 12, 1999--Books-A-Million, Inc. (Nasdaq/NM:BAMM BAMM British Association of Medical Managers BAMM Bay Area Model Mugging (now Impact Bay Area) BAMM Beta and Advection Model - Medium BAMM Bay Area Math Meet (San Francisco, CA) ) today announced that sales for the five weeks ended January 2, 1999 increased 3.4% to $62.3 million from $60.2 million for the same period in fiscal 1998. Comparable store sales for the five-week period decreased 0.4%. Quarter-to-date sales for the period November 1, 1998 to January 10, 1999 increased 3.5% to $98.5 million from $95.1 million for the same period a year ago. Comparable store sales for the same period have decreased 1.9%. For the first eleven months of fiscal 1999, sales increased 7.4% to $322.6 million from $300.5 million in the same period a year ago. Comparable store sales for the first eleven months of fiscal 1999 decreased 3.4%. Commenting on the results, Clyde B. Anderson, President and Chief Executive Officer, said, "We are encouraged by the essentially flat comparable sales for the five-week December period in light of lower year-to-date trends. In addition, we are experiencing improving comparable sales so far for the month of January. The Company achieved growth in its core book business as well as in music, cards, magazines and the cafe division." Books-A-Million, Inc. is one of the nation's leading book retailers and sells on the Internet at www.booksamillion.com. The company presently operates 174 stores in 17 states. The Company operates four distinct store formats, including large superstores This is a list of superstores by country. Multi-national
n. 1. (O. Eng. Law) Charter land held by deed under certain rents and free services, which differed in nothing from free socage lands. This species of tenure has given rise to the modern freeholds. , and Joe Muggs Newsstands. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Certain of the statements set forth herein are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current intentions, assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, unanticipated increases in merchandise, salary and distribution costs distribution costs distribute npl → Vertriebskosten pl , and the effects of increased competition on specific stores and the Company generally. |
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