GANTOS, INC. ANNOUNCES NOVEMBER 1991 SALES
GANTOS, INC. ANNOUNCES NOVEMBER 1991 SALES GRAND RAPIDS, Mich., Dec. 5 /PRNewswire/ -- Gantos, Inc.
(NASDAQ: GTOS) today announced sales of $23.9 million for the four-week period ended Nov. 30, 1991, up 1 percent from the same period a year ago. Sales for stores open throughout both periods increased by 3 percent.
Sales for the 43 weeks ended Nov. 30, 1991, were $203.0 million, up 2 percent from the same period last year. Sales for stores open throughout both periods decreased by 3 percent. The company adjusted its sales figures to exclude net sales from catalog operations, which were discontinued during the first quarter of 1991. Gantos, Inc. is a leading retailer of quality women's wear and accessories. The company currently operates 161 stores in 25 states. -0- 12/5/91 /CONTACT: Dennis A. Hoyt, assistant treasurer of Gantos, Inc., 616-940-9295/ (GTOS) CO: Gantos, Inc. ST: Michigan IN: REA SU:
KK -- DE002 -- 9493 12/05/91 08:59 EST
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|Date:||Dec 5, 1991|
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