Printer Friendly

HI/LO AUTOMOTIVE ANNOUNCES JULY SALES

 HOUSTON, Aug. 5 /PRNewswire/ -- Hi-Lo Automotive, Inc. (NYSE: HLO) today reported net sales for the month of July 1993 of $20,925,000, an increase of 13.5 percent from sales of $18,433,000 for the month of July 1992.
 For the seven months ended July 31, 1993, net sales increased 7.8 percent to $117,976,000 from $109,403,000 for the same period a year ago.
 Same store sales increased 4.9 percent for the month of July and decreased 0.9 percent for the seven months ended July 31, 1993. Hot and dry weather conditions throughout the company's markets in July contributed to the improved same store sales from prior months. Same store sales increased 13.7 percent for the month of July 1992.
 Hi-Lo Automotive, Inc. sells automotive aftermarket parts, products and accessories to retail and commercial customers through its 135 stores in Texas and Louisiana.
 -0- 8/5/93
 /CONTACT: Gary D. Walther, Chief Financial Officer, Hi-Lo Automotive, Inc., 713-663-6700/
 (HLO)


CO: Hi-Lo Automotive, Inc. ST: Texas IN: AUT SU:

SB -- CH001 -- 9727 08/05/93 09:05 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 5, 1993
Words:186
Previous Article:THE SOFTWARE TOOLWORKS APPOINTS BOB GOLDBERG AS CHIEF OPERATING OFFICER
Next Article:SHOE CARNIVAL JULY SALES UP 25.6 PERCENT
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters