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FILENE'S BASEMENT REPORTS FOR JANUARY AND 1992

 WELLESLEY, Mass., Feb. 4 /PRNewswire/ -- Filene's Basement Corp. (NASDAQ: BSMT) reported net sales for the four week period ended Jan. 30, 1993 of $21.7 million, an increase of 12 percent from sales of $19.4 million for the same period in 1992. Sales for the fiscal year ended Jan. 30, 1993 reached $529.5 million, a 14 percent increase over total sales in fiscal 1991. Comparable store sales for the four weeks were even with the same period last year. Comparable store sales for the year were also even with 1991.
 Filene's Basement Corp. operates specialty stores which offer focused, quality branded assortments of men's and women's apparel at discount prices. The company has 49 stores operating primarily in the Northeast and the Midwest.
 -0- 2/4/93
 /CONTACT: Jim Anathan of Filene's Basement Corp., 617-348-7042/
 (BSMT)


CO: Filene's Basement Corp. ST: Massachusetts IN: REA SU:

DD -- NE008 -- 2826 02/04/93 09:31 EST
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Publication:PR Newswire
Date:Feb 4, 1993
Words:156
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