CALDOR REPORTS 7.5% SALES INCREASE FOR APRIL 1995 5.1% SALES INCREASE FOR FIRST QUARTER 1995.NORWALK, CT--(BUSINESS WIRE)--May 4, 1995--The Caldor Corporation (NYSE NYSE See: New York Stock Exchange : CLD CLD Called CLD Cloud CLD Cleared CLD Chronic Lung Disease CLD Council for Learning Disabilities CLD Cooled CLD Chronic Liver Disease CLD Clear Direction Flag CLD Certified LabVIEW Developer CLD Causal Loop Diagram ) reported today that sales for the month of April 1995 rose to $191 million, an increase of 7.5% over sales of $178 million in April of 1994. Comparable store sales for the four week period decreased 1.0%. First quarter 1995 sales, for the thirteen weeks ended April 29, 1995, increased 5.1% to $564 million over 1994 sales of $537 million. Comparable store sales decreased 3.5% during the quarter.
Comparable
Store Total
Apr. Apr. Percent Percent
29, 30,
($ in millions) 1995 1994 Change Change
Four weeks ended $191 $178 (1.0%) 7.5% Thirteen weeks ended $564 $537 (3.5%) 5.1% Trailing fifty-two $2,776 $2,487 0.6% 11.6% weeks ended The Company's first quarter 1995 results are expected to be reported to be spoken of; to be mentioned, whether favorably or unfavorably. See also: Report on Thursday, May 11, 1995. The Caldor Corporation is the fourth largest discount department store chain in the U.S. with sales of $2.7 billion during the last 12 months from 163 stores in ten East Coast states. With a strong consumer franchise in high-density urban/suburban markets, Caldor offers a diverse merchandise selection, including both softline and hardline products. The Company's continued growth will be based on a store expansion program, a unique merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. strategy and a customer-friendly shopping experience. CONTACT: Robert S Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. . Schauman David D. Peterson Report requests: Chief Financial Officer Investor Relations Investor relations The process by which the corporation communicates with its investors. (203) 849-2334 (203) 849-2004 (203) 849-2037 |
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