Printer Friendly

FILENE'S BASEMENT REPORTS APRIL SALES

 FILENE'S BASEMENT REPORTS APRIL SALES
 WELLESLEY, Mass., May 7 /PRNewswire/ -- Filene's Basement Corp.


(NASDAQ: BSMT) today reported net sales for the four-week period ended May 2, 1992 of $39.9 million, an increase of 12 percent from sales of $35.7 million for the same period in 1991. Comparable store sales for the four weeks were down 1 percent from the same period last year.
 Sales for the three months ended May 2, 1992 were $111.0 million, or 11 percent of $99.9 million for the prior-year period. Comparable store sales for the three-month period were down 2 percent versus the first three months of 1991.
 In commenting on April's performance, Jim Anathan, Filene's Basement president, said, "The persisting lackluster economy continued to affect April sales; however, we continue to remain comfortable with analysts' estimates of 18 cents per share for the quarter."
 Filene's Basement Corp. operate specialty stores which offer focused, quality, branded assortments of men's and women's apparel at discount prices. The company operates 40 stores, primarily in the Northeast corridor and in the greater metropolitan Chicago market.
 -0- 5/7/92
 /CONTACT: Jim Anathan, president of Filene's Basement, 617-348-7042/
 (BSMT) CO: Filene's Basement Corp. ST: Massachusetts IN: REA SU:


SH -- NE003 -- 7528 05/07/92 10:34 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 7, 1992
Words:212
Previous Article:OYSTER CREEK RETURNS TO SERVICE
Next Article:NORTH ATLANTIC INDUSTRIES ACQUIRES KMS INDUSTRIES SUBSIDIARY
Topics:


Related Articles
FILENE'S BASEMENT REPORTS FIRST QUARTER RESULTS; NET INCOME UP 36 PERCENT
FILENE'S BASEMENT REPORTS RESULTS FOR SECOND QUARTER AND SIX MONTHS
FILENE'S BASEMENT REPORTS AUGUST SALES
FILENE'S BASEMENT REPORTS SALES FROM OCTOBER AND THIRD QUARTER
FILENE'S BASEMENT REPORTS FIRST QUARTER RESULTS
FILENE'S BASEMENT REPORTS MARCH SALES
FILENE'S BASEMENT REPORTS APRIL SALES
FILENE'S BASEMENT REPORTS FIRST QUARTER RESULTS
FILENE'S BASEMENT REPORTS MARCH SALES
FILENE'S BASEMENT REPORTS APRIL SALES

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters