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AMES REPORTS MAY SALES

 ROCKY HILL, Conn., June 3 /PRNewswire/ -- Ames Department Stores, Inc. (NASDAQ: AMES) today announced net sales of $158.3 million for the four weeks ended May 29, 1993, compared with net sales of $189.0 million for the four weeks ended May 23, 1992.
 Net sales for the 17-week year-to-date period were $593.1 million compared with net sales of $671.1 million in the year-earlier period. May 1993 and year-to-date sales were based on the current 309-store chain, compared with May 1992 and prior year-to-date net sales, which represented 371 stores.
 Comparable-store sales for the May four-week period were $158.3 million, compared with $164.3 million in the same period last year, a decrease of 3.6 percent on a 309-store base. Comparable-store sales for the year-to-date period were $593.1 million, compared with $580.7 million in the year-earlier period, an increase of 2.1 percent.
 Peter Thorner, Ames' president and chief operating officer, said, "May sales were affected, in part, by a sluggish Northeastern economy that continues to dampen consumer confidence, as well as a reduced number of broadcast promotional events compared with last year. We remain focused on improving gross margin levels and narrowing the first-half loss reported last year."
 Ames operates 309 discount department stores in 14 Northeastern states.
 -0- 6/3/93
 /CONTACT: Marge Wyrwas of Ames, 203-257-2659, or Andrea Priest or Ogilvy Adams & Rinehart, 212-880-5272/
 (AMES)


CO: Ames Department Stores, Inc. ST: Connecticut IN: REA SU:

SM -- NY013 -- 4794 06/03/93 09:03 EDT
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Publication:PR Newswire
Date:Jun 3, 1993
Words:253
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