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THE DRESS BARN, INC. REPORTS FISCAL YEAR ANTICIPATED EARNINGS

 THE DRESS BARN, INC. REPORTS FISCAL YEAR ANTICIPATED EARNINGS
 STAMFORD, Conn., Aug. 26 /PRNewswire/ -- The Dress Barn, Inc. (NASDAQ: DBRN) reported today that sales for its fourth quarter ended July 25, 1992 were $101.1 million, an increase of 15.4 percent versus the $87.7 million of last year. Store for store sales during the period increased 1.6 percent. The quarter began with a decline in May of 3 percent, against a double-digit increase the prior year. June and July increases were 3 percent and 6 percent.
 The company anticipates net income for the period to increase 23 percent over the fourth quarter of its prior year.
 Earnings per share should approximate $.26 for the quarter and $.74 for the fiscal year ended July 25, 1992. This would result in an 8 percent earnings increase, with the second half of the year producing a 17 percent increase. The audited fiscal year end results are expected to be reported by mid-September.
 At July 25, 1992, the company operated 564 stores, a net addition of 46 or 9 percent from the 518 in operation last year.
 The Dress Barn, Inc., operates a chain of off-price women's apparel stores, offering in-season, moderate to better quality fashion apparel, primarily with nationally recognized brand names, at substantial discounts from department stores prices.
 Shares are traded on the NASDAQ National Market System under the symbol DBRN.
 -0- 8/26/92
 /CONTACT: Armand Correia senior vice president and CFO of Dress Barn, 203-327-4242/
 (DBRN) CO: Dress Barn, Inc. ST: Connecticut IN: REA SU: ERP


KD-KW -- NY030 -- 3488 08/26/92 13:00 EDT
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Publication:PR Newswire
Date:Aug 26, 1992
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