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FILENE'S BASEMENT REPORTS APRIL SALES

 WELLESLEY, Mass., May 6 /PRNewswire/ -- Filene's Basement Corp. (NASDAQ: BSMT) today reported net sales for the four week period ended May 1, 1993 of $45.1 million, an increase of 13 percent from sales of $40.0 million for the same period in 1992. Comparable store sales for the four weeks were down 2 percent from the same period last year.
 Comparable stores sales in April were positively effected by the performance of the Chicago market. In the same period last year, the downtown Chicago store was closed for one week as a result of the Chicago flood. As a group, the sales of all comparable stores, excluding the Chicago market, were down 3 percent.
 Sales for the three months ended May 1, 1993, were $120.1 million or 9 percent ahead of $110.5 million for the prior year period. Comparable store sales for the three month period were down 6 percent vs. the first three months of 1992.
 Filene's Basement Corp. operates specialty stores which offer focused, quality, branded assortments of men's and women's apparel at prices generally 20-60 percent below department and specialty store regular prices. The company has 52 stores operating primarily in the Northeast and the Midwest.
 -0- 5/6/93
 /CONTACT: Gary Crittenden, CFO of Filene's Basement Corp., 617-348-7156/
 (BSMT)


CO: Filene's Basement Corporation ST: Massachusetts IN: REA SU:

DD -- NE009 -- 5301 05/06/93 10:03 EDT
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Publication:PR Newswire
Date:May 6, 1993
Words:234
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