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HECHINGER COMPANY REPORTS OCTOBER SALES

 LANDOVER, Md., Nov. 3 /PRNewswire/ -- Hechinger Company (NASDAQ-NMS: HECHA and HECHB) reported the following October sales:
 Total Sales Total Comparable
 Month Ending Sales Store Sales
 (Sales in millions) 10/30/93 10/31/92 Increase Increase
 Hechinger Stores $ 82.4 $ 79.0 4 percent 6 percent
 Home Quarters Warehouse $ 83.1 $ 58.1 43 percent 11 percent
 Triangle Building
 Centers(A) $ NA $ 6.0 NA NA
 Total Hechinger Company $165.5 $143.1 16 percent 8 percent
 Total Sales Total Comparable
 Quarter Ending Sales Store Sales
 10/30/93 10/31/92 Increase Increase
 Hechinger Stores $269.6 $257.1 5 percent 7 percent
 Home Quarters Warehouse $252.0 $186.4 35 percent 9 percent
 Triangle Building
 Centers(A) $ 2.7 $ 20.5 NA NA
 Total Hechinger Company $524.3 $464.0 13 percent 8 percent
 Total Sales Total Comparable
 Year-to-Date Sales Store Sales
 10/30/93 10/31/92 Increase Increase
 Hechinger Stores $830.8 $820.2 1 percent 4 percent
 Home Quarters Warehouse $739.0 $569.4 30 percent 1 percent
 Triangle Building
 Centers(A) $ 42.8 $ 64.0 NA NA
 Total Hechinger Company $1,612.6 $1,453.6 11 percent 3 percent
 (A) The Triangle Building Centers subsidiary closed in September 1993.
 John W. Hechinger Jr., president and chief executive officer of the company, said: "Sales for the month of October at our Home Quarters Warehouse subsidiary were more than fifty percent of the total sales of the company for the very first time. Going forward, we expect Home Quarters will generate more than half of the Company's total sales. The 43 percent sales increase at Home Quarters for the month of October is attributable, in part, to the strong reception Home Quarters received in our new markets of Detroit, Mich.; Little Rock, Ark., and Albany, N.Y.; all of which opened in late October."
 Hechinger Company is a leading specialty retailer, currently operating 48 traditional Hechinger stores, 24 Hechinger Home Project Centers and 52 Home Quarters Warehouse stores in 21 states and the District of Columbia. The company serves the growing home improvement industry through its two subsidiaries: Hechinger Stores Company and Home Quarters Warehouse, Inc.
 -0- 11/3/93
 /CONTACT: Richard S. Gross, corporate controller, of Hechinger, 301-341-0450/
 (HECH)


CO: Hechinger Company ST: Maryland IN: REA SU: SLS

KD-DC -- DC005 -- 0034 11/03/93 10:06 EST
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Publication:PR Newswire
Date:Nov 3, 1993
Words:393
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