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JULY SALES DECLINED 1.7 PERCENT AT WOOLWORTH CORPORATION

 NEW YORK, Aug. 5 /PRNewswire/ -- Woolworth Corporation (NYSE: Z) reported that total sales for the four weeks ended July 31, 1993, declined 1.7 percent to $695 million from $707 million in the comparable year-earlier period.
 Domestic sales for the four-week period increased 1.7 percent to $402 million from $395 million, and foreign sales, expressed in U.S. dollars, declined 6.1 percent. If foreign exchange rates had remained constant, foreign sales would have increased 3.7 percent and total sales would have increased 2.6 percent. Domestic comparable store sales for the four-week period declined 3.3 percent.
 For the cumulative twenty-six weeks ended July 31, total sales rose 1.2 percent to $4,443 million from $4,391 million in the corresponding year-earlier period.
 Domestic sales for the twenty-six-week period increased 2.5 percent to $2,565 million from $2,501 million, and foreign sales, expressed in U.S. dollars, declined 0.6 percent. If foreign exchange rates had remained constant, foreign sales would have increased 4.0 percent and total sales would have increased 3.2 percent. Domestic comparable store sales for the twenty-six-week period declined 1.4 percent.
 -0- 8/5/93
 /CONTACT: Frances E. Trachter of Woolworth, 212-553-2394/
 (Z)


CO: Woolworth Corporation ST: New York IN: REA SU:

PS -- NY016 -- 9725 08/05/93 09:04 EDT
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Publication:PR Newswire
Date:Aug 5, 1993
Words:223
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