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FILENE'S BASEMENT REPORTS AUGUST SALES

 FILENE'S BASEMENT REPORTS AUGUST SALES
 WELLESLEY, Mass., Sept. 3 /PRNewswire/ -- Filene's Basement Corp.,


(NASDAQ: BSMT) today reported that net sales for the four week period ended Aug. 29, 1992 were $41.9 million up 21 percent from sales of $34.5 million for the same period last year. Comparable store sales for the four weeks this year were up 3 percent from the same period last year.
 Year-to-date sales were $260.5 million, up 13 percent from last year. Comparable store sales for the seven months this year were down 1 percent from
the same year-to-date period last year. In commenting on the August sales results, Jim Anathan, Filene's Basement president said, "We were generally pleased with our comp store performance and continue to be highly encouraged by the momentum of our three new Minneapolis stores."
 Filene's Basement Corp., operates specialty stores which offer focused, quality branded assortments of men's and women's apparel at prices generally 20 percent to 60 percent below department and specialty store regular prices. The company has 43 stores primarily in the Northeast and Midwest.
 -0- 9/3/92
 /CONTACT: Jim Anathan, president of Filene's Basement, 617-348-7042/
 (BSMT) CO: Filene's Basement Corp. ST: Massachusetts, Minnesota IN: REA SU:


CH -- NE002 -- 6247 09/03/92 08:58 EDT
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Publication:PR Newswire
Date:Sep 3, 1992
Words:211
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