Catherines Stores Corporation Reports May Sales Results - Unaudited.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--June 4, 1998--Catherines Stores Corporation (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 : CATH CATH Catholic CATH Cathedral CATH Cathode CATH Autonomous Haitian Workers (Haiti) CATH Center for Applied Technologies in the Humanities (Virginia Tech) ) reported Thursday Thursday: see week. that comparable stores' sales increased 12.3% for the month of May, bringing the year to date comparable stores' sales increase to 10.8%. Total sales for the four week period ended May 30, 1998 increased 9.2% to $27.1 million from $24.8 million in the prior year. Total sales year to date have increased 8.1% to $103.5 million from $95.8 million in the prior year. At the end of May, the average retail inventory per store was 4.5% higher than the previous year. The Company operated 439 stores at the end of May compared to 460 stores in the prior year. Catherines Stores Corporation is a Memphis-based specialty A contract under seal. A specialty is a written document that has been sealed and delivered and is given as security for the payment of a specifically indicated debt. retailer selling large-size women's apparel under the names Catherine's; PS...Plus Sizes, Plus Savings; Added Dimensions; and The Answer. CONTACT: Catherines Stores Corp., Memphis David C. Forell, 901/363-3900 ext. 1271 http://www.catherines.com |
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