Elder-Beerman Reports April Sales.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--May 8, 2003 Total store sales for The Elder-Beerman Stores Corp. (Nasdaq:EBSC EBSC Elder-Beerman Stores Corp. EBSC East Bay Sanctuary Covenant (Berkeley, CA) EBSC Embedded Bitmap Scaling EBSC Elmbrook Swim Club (Brookfield, Wisconsin) EBSC English Bay Swim Club ) decreased 4.2 percent to $44.2 million for the four weeks ended May 3, 2003 compared to the four weeks ended May 4, 2002. Comparable store sales decreased by 5.6 percent versus the same period last year. The best performing businesses in April were ladies' coats, accessories, dresses and children's apparel. For the first quarter and year to date, total store sales decreased by 7.2 percent to $131.1 million for the 13 week period ended May 3, 2003. Comparable store sales decreased 7.7 percent versus the same period last year. The nation's ninth largest independent department store chain, The Elder-Beerman Stores Corp. is headquartered in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. and operates 68 stores in Ohio, West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures Area, 24,181 sq mi (62,629 sq km). Pop. , Indiana Indiana, state, United States Indiana, midwestern state in the N central United States. It is bordered by Lake Michigan and the state of Michigan (N), Ohio (E), Kentucky, across the Ohio R. (S), and Illinois (W). , Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E). , Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , Kentucky Kentucky, state, United States Kentucky (kəntŭk`ē, kĭn–), one of the so-called border states of the S central United States. It is bordered by West Virginia and Virginia (E); Tennessee (S); the Mississippi R. , Wisconsin Wisconsin, state, United States Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee and Pennsylvania. For more information about the company see Elder-Beerman's web site at www.elder-beerman.com.
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(dollars in millions) APRIL SALES(a)
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Total Comparable
Sales Sales
(unaudited) 2003 2002 Change(b) Change(b)
----------------------------- -------- -------- ----------- ----------
The Elder-Beerman Stores Corp. $44.2 $46.2 (4.2%) (5.6%)
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(dollars in millions) FIRST QUARTER AND
YEAR TO DATE SALES(a)
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Total Comparable
Sales Sales
(unaudited) 2003 2002 Change(b) Change(b)
----------------------------- -------- -------- ---------- -----------
The Elder-Beerman Stores Corp. $131.1 $141.2 (7.2%) (7.7%)
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(a) All sales figures exclude leased department sales.
(b) Percentages may not correspond to the actual sales figures due to
rounding of sales figures.
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