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THE DRESS BARN, INC. REPORTS AUDITED FISCAL YEAR FINANCIAL RESULTS

THE DRESS BARN, INC. REPORTS AUDITED FISCAL YEAR FINANCIAL RESULTS
 STAMFORD, Conn., Sept. 14 /PRNewswire/ -- The Dress Barn, Inc. (NASDAQ-NMS: DBRN) reported today that sales for its fourth quarter ended July 25, 1992 were $101.1 million, an increase of 15.4 percent versus the $87.7 million of last year. Store for store sales during the period increased 1.6 percent. The quarter began with a decline in May of 3 percent, against a double-digit increase the prior year. June, July and August increases were 3 percent, 6 percent and 8 percent. Net income for the fourth quarter increased 23 percent over the prior fiscal quarter.
 Sales for the fifty-two week period ended July 25, 1992 were $363.1 million compared to $325.4 million last year, an increase of 12 percent. For the comparable fiscal year period net earnings increased to $16.2 million from $14.9 million, an increase of 8 percent, while earnings per share increased 9 percent to $.74 from $.68.
 At July 25, 1992, the company operated 564 stores, a net addition of 46 or 9 percent from the 518 in operation last year. As of this date the company has opened an additional 13 and scheduled to have over 600 locations by December 1992.
 A company spokesperson said they are cautiously optimistic regarding the results of the upcoming year as a result of the recent strong trend in comparable store for store sales results. The company plans to continue its vigorous store expansion program with 100 new stores per year over the next five years; approximately 50 new stores have already been scheduled for the first half of its fiscal year.
 The Dress Barn, Inc., operates a chain of off-price women's apparel stores, offering in-season, moderate to better quality fashion apparel, primarily with nationally recognized brand names, at substantial discounts from department stores prices.
 Shares are traded on the NASDAQ National Market System under the Symbol DBRN.
 THE DRESS BARN, INC.
 AUDITED FINANCIAL RESULTS
 Period ended Fifty-two weeks
 7/25/92 7/27/91
 Sales $363,090,000 $325,413,000
 Net income 16,194,000 14,953,000
 Per share earnings .74 .68
 Thirteen weeks
 7/25/92 7/27/91
 Sales $101,129,000 $ 87,650,000
 Net income 5,781,000 4,717,000
 Per share earnings .26 .22
 -0- 9/14/92
 /CONTACT: Armand Correia, senior vice president & CFO of Dress Barn, Inc., 203-327-4242/
 (DBRN) CO: Dress Barn, Inc. ST: Connecticut IN: REA SU: ERN


SH-OS -- NY058 -- 9196 09/14/92 13:39 EDT
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Date:Sep 14, 1992
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