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CLAIRE'S STORES REPORTS OCTOBER SALES RESULTS

 CLAIRE'S STORES REPORTS OCTOBER SALES RESULTS
 PEMBROKE PINES, Fla., Nov. 7 /PRNewswire/ -- Claire's Stores,


Inc. (NYSE: CLE) today reported net sales for the month of October decreased 10 percent to $16,180,000 from $17,996,000 a year earlier, with same-store sales declining 10 percent.
 Sales for the third quarter ended Nov. 2, 1991 declined 2 percent to $57,003,000 from $58,179,000 in the previous year, with same-store sales decreasing 10 percent.
 "Nonrecurring wholesale revenue of approximately $1.4 million in the previous year distort the October sales comparison," stated Rowland Schaefer, Claire's chairman and president.
 "A combination of markdowns and conservative commitments to fresh goods has enabled us to exit the third quarter with overall inventory at approximately $37 million vs. $42.4 million in the previous year," Schaefer continued. "This lower level of inventory suggests fewer markdowns and better margins during the important fourth quarter," 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 1,058 stores in 47 states, primarily under the names "Claire's Boutiques," "Topkapi," and "Dara Michelle."
 CLAIRE'S STORES, INC.
 (Monthly Sales to Date in 000s)
 Same
 Total Store
 FY 1992 FY 1991 Change Change
 REPORTING CHANGE
 February $15,460 $13,960 11 pct. - 4 pct.
 March $23,105 $20,915 10 pct. - 4 pct.
 April $17,397 $18,673 - 7 pct. - 19 pct.
 FIRST QUARTER $55,962 $53,548 4 pct. - 10 pct.
 May $18,341 $16,955 8 pct. - 6 pct.
 June $22,911 $20,627 11 pct. - 4 pct.
 July $19,230 $17,639 9 pct. - 7 pct.
 SECOND QUARTER $60,482 $55,221 10 pct. - 5 pct.
 August $20,888 $20,433 2 pct. - 10 pct.
 September $19,935 $19,750 1 pct. - 10 pct.
 October $16,180 $17,996 - 10 pct. - 10 pct.
 THIRD QUARTER
 TO DATE $57,003 $58,179 - 2 pct. - 10 pct.
 YEAR TO DATE $173,447 $166,948 4 pct. - 8 pct.
 -0- 11/7/91
 /CONTACT: David Buchsbaum, director of financial relations of Claire's Stores, Inc., 305-433-3900/
 (CLE) CO: Claire's Stores, Inc. ST: Florida IN: REA SU: AW-MR -- FL003 -- 2061 11/07/91 09:06 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 7, 1991
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