LECHTERS REPORTS SALES
LECHTERS REPORTS SALES HARRISON, N.J., March 31 /PRNewswire/ -- Lechters, Inc.
(NASDAQ: LECH) today reported sales of $20.4 million for the five-week period ended March 28, 1992, an increase of 26 percent over sales of $16.2 million during March 1991. The company's comparable store sales increased 1.6 percent during March 1992 as compared with March 1991. Last year sales for the Easter Week were reported in the March period. Two stores, larger than customary (Homestore), were opened during March 1992.
Sales of $36.1 million for the nine weeks ended March 28, 1992, represent an increase of 28 percent over sales of $28.3 million for the same period in 1991. Year to date through March 28, 1992, the company's comparable store sales increased 3.1 percent. Lechters, Inc., based in Harrison, N.J., operates 449 specialty houseware stores in 36 states as compared to 376 stores on March 30, 1991, an increase of 19 percent. -0- 3/31/92 /CONTACT: Philip J. Reilly of Lechters, 201-481-1100/ (LECH) CO: Lechters, Inc. ST: New Jersey IN: REA SU:
GK-OS -- NY081 -- 3523 03/31/92 15:25 EST
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|Date:||Mar 31, 1992|
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