ST. LOUIS, May 7 /PRNewswire/ -- Edison Brothers Stores Inc.
(Nasdaq: EDBR) today reported same-store sales of $69.3 million for April 1998
(the four weeks ended May 2). This is an increase of 8.5 percent, or $5.4
million, from same-store sales of $63.9 million in April 1997.
Total sales for April 1998 increased 2.1 percent to $71.6 million from
$70.1 million for the same period last year. Total sales figures reflect the
fact that Edison operated an average of 156 fewer stores during April 1998
than April 1997. April sales were positively affected as a result of the
Easter selling period falling in April this year vs. March in 1997.
Year-to-date same-store sales through April decreased 2.4 percent to
$198.6 million from $203.5 million for the same period last year. Total year-
to-date sales were $206.4 million, a decrease of 7.9 percent from sales of
$224.0 million in 1997.
Edison Brothers Stores Inc. operates Bakers and Wild Pair footwear stores;
5-7-9 junior apparel stores; Riggings, JW, Coda, Oaktree and Repp Ltd Big &
Tall menswear stores; and Repp By Mail men's catalog. With more than $940
million in annual sales and nearly 1,600 stores in the United States, Canada,
Puerto Rico and the Virgin Islands, Edison is one of the largest specialty
retailers of apparel, footwear and accessories in North America. Additional
information about Edison can be found on the company's Web site at
http://www.edisonbrothers.com.
Edison segments report the following sales results for the month and year-
to-date periods:
April 1997 Year-to-Date
Total Same-store Total Same-store
Apparel 4.9% 10.9% -6.9% -2.2%
Footwear -2.3% 3.2% -8.7% -3.0%
Total Company 2.1% 8.5% -7.9% -2.4%
SOURCE Edison Brothers Stores Inc.
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Related links:
http://www.edisonbrothers.com
CONTACT:
Jack Burtelow, CAO and CFO, 314-331-6530, or
Suzanne Roth, Communications Director, 314-331-6564, both of
Edison Brothers Stores Inc.
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