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 8, 1997--Brookstone, Inc.
(Nasdaq: BKST) today announced sales for the first quarter ended May 3,
1997.
Total sales for the first quarter of fiscal 1997 increased 7.7% to $33.1 million compared to $30.8 million for the first quarter of last year. Same store sales Same Store Sales A 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 for the period increased 2.4%. Michael Anthony
Michael Anthony Sobolewski (born June 20 1954) is an American musician. , President and Chief Executive Officer, noted, "During the first quarter, we opened two new stores and the balance of our new store opening schedule remains on track. Furthermore, we are continuing to make progress on our previously stated fiscal 1997 goals and initiatives." Brookstone, Inc. is a nationwide specialty retailer that operates 161 stores in 34 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. Philip Roizin, 603/880-9500 or Morgen-Walke Associates Naomi Rosenfeld/Carolyn Capaccio Media Contact: Stacy Berns/Jeff Siegel 212/850-5600 |
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