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CompUSA Inc. REPORTS SALES FOR THE FIRST QUARTER OF FISCAL 1993

CompUSA Inc. REPORTS SALES FOR THE FIRST QUARTER OF FISCAL 1993
 DALLAS, Sept. 30 /PRNewswire/ -- CompUSA Inc. (NASDAQ: CUSA), America's largest computer superstore retailer, today announced that sales for the first quarter ended Sept. 26 were up 55.8 percent to $263.4 million from $169.1 million for the comparable period ended Sept. 28, 1991.
 Comparable-store sales increased 21.1 percent for the first quarter of fiscal 1993 for the 20 stores open for a year or more.
 The percentage increases in comparable-store sales for each month of the first quarter of fiscal 1993 were:
 5 weeks 4 weeks 4 weeks 13 weeks
 July 92 Aug. 92 Sept. 92 1QFY93
 Total comp stores 17.0 20.6 25.7 21.1
 Effective with the first quarter of fiscal 1993, CompUSA has changed to fiscal periods to provide more comparable results on a year-to-year basis in line with many other retailers. Fiscal years will end on the last Saturday of each June, and each 13-week quarter will be divided into an initial five-week period and two four-week periods. The 13-week first quarter of fiscal 1993 ended Sept. 26, 1992. The sales figures for the first quarter of last year (fiscal 1992) have been adjusted to reflect a 13-week first quarter ending Sept. 28, 1991.
 CompUSA currently operates 31 large-format computer superstores in 21 major metropolitan areas throughout the U.S. The stores offer more than 5,000 microcomputer hardware, software and related products at prices substantially below manufacturers' suggested retail prices. The superstores, which serve retail, business, government and institutional customers, also maintain full-service technical departments and classroom training facilities.
 -0- 09/30/92
 CONTACT: Nathan Morton, president and CEO, or Mervyn Benjet, executive vice president and CFO of CompUSA, 214-406-4700
 (CUSA) CO: COMPUSA INC. IN: REA ST: TX -- AT004 -- X293 09/30/92
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 30, 1992
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