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EDISON BROTHERS SALES AND EARNINGS SET SECOND-QUARTER RECORDS

 EDISON BROTHERS SALES AND EARNINGS SET SECOND-QUARTER RECORDS
 ST. LOUIS, Sept. 8 /PRNewswire/ -- Edison Brothers Stores, Inc. (NYSE: EBS), performed solidly in the second quarter of 1992, according to Andrew E. Newman, chairman, and Martin Sneider, president. The company's sales and earnings set records for the period.
 Edison's total net income was $12.7 million in the quarter ended Aug. 1, 1992, an increase of 11.4 percent compared with $11.4 million in the quarter ended August 3, 1991. Income per share was 59 cents in the 1992 quarter, compared with 53 cents in the 1991 quarter.
 Total sales for the second quarter of 1992 were $348.7 million, an increase of 10.6 percent over sales of $315.4 million in the second quarter of 1991. Sales in comparable stores again were moderately ahead of last year's.
 Total net income for the first half of 1992 was $22.5 million, an increase of 10.8 percent compared with $20.3 million in the first half of 1991. Income per share was $1.04 in the 1992 first half, compared with 95 cents in the 1991 first half. Sales grew 9.8 percent in the first half of 1992, reaching $675.6 million.
 The company's footwear chains set the pace in sales gains during the second quarter, with both the Bakers/Leeds/Precis and Wild Pair store groups posting significant gains. In menswear, the improvement of the JW/Jeans West chain continued, while the J. Riggings chain retained its position as a sales leader.
 During the second quarter Edison Brothers opened 37 stores. The company closed 34 stores; these included the last 11 of the company's leased footwear departments, in the Alexander's department stores. Edison ended the period with 2,824 units in operation.
 Edison Brothers Stores, Inc., operates JW/Jeans West, Oaktree, Coda, J. Riggings, Zeidler & Zeidler/Webster, and Repp Ltd./Harry's menswear stores; 5-7-9 Shops junior apparel stores and Spirale girls' apparel stores; Bakers, Leeds, Precis, Wild Pair, Velocity, and Sacha London footwear stores; Time-Out and Space Port family entertainment centers; and Dave & Buster's restaurant/entertainment complexes.
 EDISON BROTHERS STORES, INC. AND SUBSIDIARIES
 Condensed Consolidated Statements of Income
 (In millions, except per share data)
 Periods ended: 13 Weeks 26 Weeks
 8/1/92 8/3/91 8/1/92 8/3/91
 Net sales $ 348.7 $ 315.4 $ 675.6 $ 615.2
 Cost of goods sold,
 occupancy and
 buying expenses 226.4 204.1 435.0 393.1
 Store operating and
 administrative
 expenses 81.8 73.2 164.5 150.3
 Depreciation and
 amortization 15.9 14.9 31.4 29.8
 Interest expense, net 4.5 4.7 9.1 9.2
 Total 328.6 296.9 640.0 582.4
 Income before income taxes 20.1 18.5 35.6 32.8
 Provision for income taxes 7.4 7.1 13.1 12.5
 Net income $ 12.7 $ 11.4 $ 22.5 $ 20.3
 Per Common Share:
 Net income $ .59 $ .53 $ 1.04 $ .95
 Cash dividends paid $ .28 $ .26 $ .56 $ .52
 Weighted average common
 shares outstanding
 (in thousands) 21,691 21,458 21,667 21,435
 -0- 9/8/92
 /CONTACT: Lee G. Weeks of Edison Brothers Stores, 314-331-6531/
 (EBS) CO: Edison Brothers Stores, Inc. ST: Missouri IN: REA SU: ERN


TS -- NY023 -- 6928 09/08/92 10:38 EDT
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Date:Sep 8, 1992
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