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

 DEB SHOPS REPORTS SALES AND NET INCOME
 FOR SIX MONTHS AND SECOND QUARTER
 PHILADELPHIA, Aug. 19 /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 and six months ended July 31, 1992.
 Deb reported comparative results for the three-month and six-month periods ended July 31, 1992, and 1991, as follows:
 DEB SHOPS, INC.
 Periods ended Three months Six months
 July 31 1992 1991 1992 1991
 Revenues:
 Net sales $53,864,264 $52,543,355 $102,612,258 $99,218,544
 Other income,
 principally
 interest 348,757 445,589 778,799 1,124,927
 Total revenues 54,213,021 52,988,944 103,391,057 100,343,471
 Costs and expenses:
 Costs of sales,
 including buying and
 occupancy costs 41,050,615 37,292,071 78,120,396 73,043,237
 Selling and
 administrative 11,566,766 10,578,477 22,015,823 20,375,077
 Depreciation and
 amortization 1,156,257 1,071,157 2,066,717 1,912,242
 Total 53,773,638 48,941,705 102,202,936 95,330,556
 Income before
 income taxes 439,383 4,047,239 1,188,121 5,012,915
 Income taxes 150,900 1,436,900 398,000 1,779,600
 Net income 288,483 2,610,339 790,121 3,233,315
 Net income per
 common share $.02 $.17 $.05 $.21
 Weighted average number
 of common shares
 outstanding 15,581,761 15,582,216 15,596,458 15,550,409
 /delval/
 -0- 8/19/92
 /CONTACT: Lewis Lyons, vp, finance of Deb Shops, 215-676-6000/, ext. 215/
 (DEBS) CO: Deb Shops, Inc. ST: Pennsylvania IN: REA SU: ERN


LJ-MP -- PH002 -- 1213 08/19/92 08:56 EDT
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Publication:PR Newswire
Date:Aug 19, 1992
Words:293
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