CLAIRE'S STORES REPORTS JUNE SALES RESULTS
CLAIRE'S STORES REPORTS JUNE SALES RESULTS PEMBROKE PINES, Fla., July 9 /PRNewswire/ -- Claire's Stores, Inc.
(NYSE: CLE) today reported net sales for the month of June decreased 5 percent to $20,009,000 from $21,148,000 a year earlier, with same-store sales declining 14 percent.
CLAIRE'S STORES, INC. (Monthly Sales to Date in 000s) FY FY Total Same-Store Reporting Change 1993 1992 Change Change February $14,071 $14,148 - 1 pct. - 9 pct. March $18,827 $21,582 - 13 pct. - 20 pct. April $18,641 $16,335 14 pct. 4 pct. First Quarter $51,539 $52,065 - 1 pct. - 9 pct. May $16,353 $16,983 - 4 pct. - 12 pct. June $20,009 $21,148 - 5 pct. - 14 pct. Quarter to Date $36,362 $38,131 - 5 pct. - 13 pct. Year To Date $87,901 $90,196 - 3 pct. - 11 pct. "We continue to emphasize the quality of sales as opposed to the quantity of sales by taking fewer markdowns than in the previous year," stated Rowland Schaefer, Claire's chairman and president. "Meanwhile, our lean inventory levels leave us well-positioned for the important Back-to-School selling season and based upon early testing of seasonal goods we expect sales to improve with the arrival of new merchandise beginning this month," he concluded. Claire's Stores, Inc., the nation's premier retailer specializing in one-stop shopping for women's fashion accessories, currently owns and operates 1,006 stores in 47 states, primarily under the names "Claire's Boutiques", "Topkapi" and "Dara Michelle". -0- 7/9/92 /CONTACT: David Buchsbaum of Claire's Stores, Inc., 305-433-3900/ (CLE) CO: Claire's Stores, Inc. ST: Florida IN: REA SU:
AW-CM -- FL003 -- 7708 07/09/92 08:34 EDT
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|Date:||Jul 9, 1992|
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