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DEB SHOPS, INC. REPORTS SALES AND NET INCOME FOR SIX MONTHS AND SECOND QUARTER

 PHILADELPHIA, Aug. 31 /PRNewswire/ -- Deb Shops, Inc. (NASDAQ: DEBS), a women's apparel specialty chain store operation, today reported sales, net income and earnings per share for the second quarter ended July 31, 1993, and reported sales, net loss and loss per share for the six months ended July 31, 1993.
 Deb reported comparative results for the three-month and six-month periods ended July 31, 1993, and 1992, as follows:
 DEB SHOPS, INC.
 Periods ended Three months Six months
 July 31 1993 1992 1993 1992
 Revenues:
 Net sales $51,692,898 53,864,264 $95,305,984 $102,612,258
 Other income,
 principally
 interest 260,736 348,757 1,015,873 778,799
 Total revenues 51,953,634 54,213,021 96,321,857 103,391,057
 Costs and expenses:
 Costs of sales,
 including buying and
 occupancy costs 38,726,351 41,050,615 73,846,143 78,120,396
 Selling and
 administrative 11,466,597 11,566,766 21,914,376 22,015,823
 Depreciation and
 amortization 986,583 1,156,257 1,961,609 2,066,717
 Total 51,179,531 53,773,638 97,722,128 102,202,936
 Income before
 income taxes 774,103 439,383 (1,400,271) 1,188,121
 Income taxes 259,300 150,900 (469,100) 398,000
 (Loss) net income 514,803 288,483 (931,171) 790,121
 (Loss) net income per
 common share $.03 $.02 ($.06) $.05
 Weighted average number
 of common shares
 outstanding 15,588,065 15,581,761 15,586,902 15,596,458
 /delval/
 -0- 8/31/93
 /CONTACT: Lewis Lyons, vp, finance, of Deb Shops, 215-676-6000, ext. 215/
 (DEBS)


CO: Deb Shops, Inc. ST: Pennsylvania IN: REA SU: ERN

MP-LJ -- PH003 -- 7355 08/31/93 08:44 EDT
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Publication:PR Newswire
Date:Aug 31, 1993
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