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CIRCUIT CITY STORES, INC., REPORTS JUNE SALES

 RICHMOND, Va., July 7 /PRNewswire/ -- Circuit City Stores, Inc. (NYSE: CC), today reported June sales of $286.4 million, which represents a 26 percent increase from June 1992 sales of $227.5 million and a 6 percent increase in comparable store sales.
 "June's total sales growth reflects the continued geographic expansion of our Superstore base, including our initial entry into the Boston market," said Richard L. Sharp, Circuit City's president and chief executive officer. "We now have nine stores open in this market and are pleased with the early sales performance.
 "The economic weakness in Southern California continues to reduce our comparable store sales growth," Sharp said. "Nevertheless, sales in June were generally in line with our expectations for the month and for the full year."
 Circuit City opened two additional Superstores in the Boston market during the month and began its entry into the Chicago market with the opening of two Superstores. The company expects to have 14 stores in Boston and approximately 18 stores in Chicago by year-end. Circuit City also added a Superstore in the Philadelphia market during June.
 Circuit City Stores, Inc., is the nation's largest specialty retailer of brand-name consumer electronics and major appliances. With headquarters in Richmond, Va., it operates 225 Superstores, seven Circuit City stores and 39 smaller, mall-based stores in the eastern, midwestern and western United States.
 -0- 7/7/93
 /CONTACT: Ann M. Collier of Circuit City Stores, Inc., 804-527-4058/
 (CC)


CO: Circuit City Stores, Inc. ST: Virginia IN: REA SU:

MH -- DC007 -- 8931 07/07/93 08:51 EDT
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Publication:PR Newswire
Date:Jul 7, 1993
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