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BERNARD CHAUS, INC. REPORTS RESULTS FOR THIRD QUARTER AND NINE MONTHS ENDED MARCH 31, 1993

 NEW YORK, May 13 /PRNewswire/ -- Bernard Chaus, Inc. (NYSE: CHS), today reported results for its third fiscal quarter and nine months ended March 31, 1993. The unaudited figures, as compared to those for the corresponding period last year, are as follows:
 BERNARD CHAUS, INC.
 Statement of Operating Data
 (Dollars in thousands, except per share data)
 Periods ended Nine Months Quarter
 March 31 1993 1992 1993 1992
 Net sales $181,160 $192,076 $55,352 $65,593
 Cost of goods sold 138,471 149,768 44,544 50,851
 Gross profit 42,689 42,308 10,808 14,742
 Selling, general and
 admin. expenses 42,397 37,218 13,914 12,413
 Total 292 5,090 (3,106) 2,329
 Interest and other inc. 339 338 68 117
 Interest expense (1,589) (1,972) (550) (641)
 Income (loss) before
 provision (credit)
 for income taxes and
 extraordinary item (958) 3,456 (3,588) 1,805
 Provision (credit) for
 income taxes 102 1,348 (891) 704
 Income (loss) before
 extraordinary item (1,060) 2,108 (2,697) 1,101
 Extraordinary item:
 Tax benefits (charge)
 from utilization of
 net operating loss
 carryforwards -- 1,175 (866) 614
 Net income (loss) $ (1,060) $ 3,283 $(3,563) $ 1,715
 Income (loss) per
 common share before
 extraordinary item $(0.06) $0.12 $(0.15) $0.06
 Income (loss) per
 common share from
 extraordinary item -- 0.06 (0.04) 0.03
 Net income (loss) per
 common share $(0.06) $0.18 $(0.19) $0.09
 Weighted average number
 of common shares
 outstanding 18,245,000 18,218,000 18,346,000 18,539,000
 Selected Balance Sheet Data
 (Dollars in thousands)
 3/31/93 3/31/92
 Cash and cash equivalents $ 1,260 $11,750
 Accounts receivable, net 40,554 40,671
 Inventory 45,569 24,341
 Working capital 45,970 45,116
 Total assets 98,743 85,276
 Total liabilities 55,682 44,146
 Stockholders' equity $43,061 $41,130
 Josephine Chaus, chairwoman and chief executive officer, said the company's performance in the third quarter is indicative of a continuing weak retail environment. "There is no doubt that the consumer is not yet ready to buy. The results being reported by retailers and apparel companies all point to the same conclusion: the consumer is, unfortunately, not committing dollars to make significant purchases. Our results in the quarter reflect a combination of lackluster sales and unsatisfactory gross profit margins. We believe this circumstance will continue to negatively impact earnings, although to a lesser extent, for the fourth quarter which ends June 30, 1993.
 "On the positive side, it is apparent that our retailing customers are taking a more aggressive and optimistic approach for the second half of the calendar year. Based upon the current trend in bookings, we believe that we will return to profitability in our first quarter. I am also pleased to report that we are operating our business better. By concentrating on item classification at retail, by maintaining lower price points, and by having fewer styles in our line, we are better able to serve the needs of the retailer and the consumer. This makes us optimistic that our 1994 fiscal year will be profitable," she said.
 Bernard Chaus, Inc., is one of the largest producers of updated, moderately priced women's sportswear, sold in major department and specialty stores throughout the United States. Its common stock is listed on the New York Stock Exchange under the symbol CHS.
 -0- 5/13/93
 /CONTACT: Anthony M. Pisano, chief financial officer of Bernard Chaus, Inc., 201-863-4646/
 (CHS)


CO: Bernard Chaus, Inc. ST: New York IN: TEX SU: ERN

GK-TM -- NY081 -- 8325 05/13/93 16:59 EDT
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Date:May 13, 1993
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