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APRIL DOMESTIC COMPARABLE STORE SALES ROSE 14.8 PERCENT AT WOOLWORTH CORPORATION

 APRIL DOMESTIC COMPARABLE STORE SALES ROSE 14.8 PERCENT
 AT WOOLWORTH CORPORATION
 NEW YORK, May 7 /PRNewswire/ -- Woolworth Corporation (NYSE: Z) today reported that domestic comparable store sales for the four weeks ended May 2, 1992, rose 14.8 percent from the corresponding prior-year period.
 Total sales (domestic and foreign) for the four-week period rose 10.0 percent to $734 million from $667 million. Total domestic sales for the four-week period rose 10.0 percent to $422 million from $384 million, and foreign sales, expressed in U.S. dollars, rose 10.1 percent. If foreign exchange rates had remained constant, foreign sales would have increased 8.8 percent and total sales would have increased 9.4 percent.
 For the cumulative thirteen weeks ended May 2, 1992, domestic comparable sales increased 1.0 percent from the corresponding prior-year period.
 Total sales (domestic and foreign) for the thirteen-week period declined 1.1 percent to $2,135 million from $2,158 million in the corresponding year-earlier period.
 Domestic sales for the thirteen-week period decreased 2.8 percent to $1,250 million from $1,286 million, and foreign sales, expressed in U.S. dollars, increased 1.6 percent. If foreign exchange rates had remained constant, foreign sales would have increased 2.4 percent and total sales would have decreased 0.7 percent.
 Total domestic sales for the 1992 reporting periods reflect the elimination of sales of some 900 stores that are part of the company's accelerated store-redeployment program, which were included in 1991 sales.
 Harold E. Sells, chairman and chief executive officer, said, "April sales benefited from this year's later Easter selling period."
 -0- 5/7/92
 /CONTACT: Frances E. Trachter of Woolworth, 212-553-2394/
 (Z) CO: Woolworth Corporation ST: New York IN: REA SU:


TS -- NY025 -- 7471 05/07/92 09:32 EDT
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Publication:PR Newswire
Date:May 7, 1992
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