Printer Friendly

LECHTER REPORTS NOVEMBER SALES UP 14.8 PERCENT IMPACTED BY LATE THANKSGIVING

 LECHTER REPORTS NOVEMBER SALES UP 14.8 PERCENT
 IMPACTED BY LATE THANKSGIVING
 HARRISON, N.J., Nov. 27 /PRNewswire/ -- Lechters, Inc. (NASDAQ: LECH), today reported sales for the four week period ended Nov. 23, 1991, of $20.3 million, a 14.8 percent increase over the $17.6 million reported in the November 1990 period. Comparable store sales declined 7.4 percent for the four week period ended Nov. 23, 1991, as compared with the prior year's period.
 For 1991, results for the traditionally high sales volume week which includes Thanksgiving will be reported in the December period. Last year sales for that week were reported in the November period.
 Sales of $162.7 million for the 43 weeks ended Nov. 23, 1991, represent an increase of 24.2 percent over sales of $131.0 million for the same period in 1990. Year to date through Nov. 23, 1991, the company's comparable store sales increased 0.7 percent.
 Lechters, Inc., based in Harrison, operates 433 specialty houseware stores in 36 states as compared to 360 stores on Nov. 24, 1990, an increase of 20 percent.
 -0- 11/27/91
 /CONTACT: Philip J. Reilly of Lechters, 201-481-1100/
 (LECH) CO: Lechters, Inc. ST: New Jersey IN: REA SU:


GK -- NY010 -- 7672 11/27/91 10:15 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 27, 1991
Words:214
Previous Article:LDI COMPUTER SUPERSTORE ENJOYING BRISK HOLIDAY SALES
Next Article:DER FINES BUCKS COUNTY FIRM $200,000 FOR AIR POLLUTION
Topics:


Related Articles
LECHTERS REPORTS SALES
LECHTERS REPORTS SALES
LECHTERS REPORTS SALES
LECHTERS, INC. REPORTS SALES
Correction.
LECHTERS REPORTS MAY SALES
Lechters Reports August Sales
Lechters Reports October Sales
Lechters Reports December Sales
LECHTERS INC.'S JULY SALES DOWN 3.5%.

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