FILENE'S BASEMENT REPORTS MAY SALES
FILENE'S BASEMENT REPORTS MAY SALES WELLESLEY, Mass., June 4 /PRNewswire/ -- Filene's Basement Corp.
(NASDAQ: BSMT) today reported net sales for the four-week period ended May 30, 1992, of $38.7 million an increase of 10 percent from sales of $35.3 million for the same period in 1991. Comparable store sales for the four weeks were down 5 percent from the same period last year.
Year-to-date sales were $149.7 million, up 11 percent from last year. Comparable store sales for the four months this year were down 3 percent from the same year-to-date period last year. 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 operates 40 stores, primarily in the Northeast corridor and in the greater metropolitan Chicago market. -0- 6/4/92 /CONTACT: Jim Anathan, president of Filene's Basement, 617-348-7042/ (BSMT) CO: Filene's Basement Corp. ST: Massachusetts IN: REA SU:
CN -- NE002 -- 6928 06/04/92 09:43 EDT
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|Date:||Jun 4, 1992|
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