FILENE'S BASEMENT REPORTS JUNE SALES
FILENE'S BASEMENT REPORTS JUNE SALES WELLESLEY, Mass., July 9 /PRNewswire/ -- Filene's Basement Corp.
(NASDAQ: BSMT) today reported net sales for the five week period ended July 4, 1992 of $42.1 million, an increase of 13 percent from sales of $37.2 million for the same period in 1991. Comparable store sales for the five weeks were even against the same period last year.
Year-to-date sales were $191.7 million, up 11 percent from last year. Comparable store sales for the five months this year were down 2 percent for the same year-to-date period last year. Filene's Basement Corp., operates specialty stores which offer focused, quality branded assortments of men's and women's apparel at discount prices. The company operates 40 stores, primarily in the Northeast corridor and in the greater metropolitan Chicago market. -0- 7/9/92 /CONTACT: Jim Anathan of Filene's Basement, 617-348-7042/ (BSMT) CO: Filene's Basement ST: Massachusetts IN: REA SU:
TM -- NE003 -- 7764 07/09/92 09:59 EDT
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|Date:||Jul 9, 1992|
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