PLCO Announces 51% Sales Growth.
Play Co. Toys & Entertainment Corp. Announces 51% Sales Growth In August and Same Store Sales Increase of 6%
OTC BB SYMBOLS: Common Stock - PLCO
Series E Preferred Stock - PLCOP
Series E Preferred Stock Warrants - PLCOW
SAN MARCOS, Calif., Sept. 6 /PRNewswire/ -- Play Co. Toys & Entertainment
Corp. (OTC Bulletin Board: PLCO) ("Play Co. Toys" or the "Company" for Play
Co. Toys and subsidiaries collectively) announced today that it posted an
overall sales growth of 51% during the month of August 2000 compared to the
previous August. The Company's subsidiary, Toys International.COM, Inc.,
trades on the Frankfurt Stock Exchange under the symbol Ty40.
Richard Brady, Chief Executive Officer stated, "We are pleased to report a
51% increase in August sales. We are especially pleased with our same store
sales results, which showed a 6% increase over last year. These sales
increases represent a significant improvement and a foundation we want to
continue to build upon as we move into the fall and Christmas Season. The
addition of Carolyn Morrison as President and Chief Operating Officer along
with internal changes that we have implemented over the last several months
are beginning to show favorable results."
Play Co. Toys is a toy retailer with 34 stores located in nine states.
30 of those stores are operated by the Toys International subsidiary. The
Company operates under the Play Co. Toys, Toys International and Toy Co.
tradenames. The Company specializes in offering educational, specialty,
collectible, specialty imported and traditional toys.
Statements contained in this press release which are not historical facts
may be considered forward looking information with respect to plans,
projections, or future performance of Play Co. Toys as defined under the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are subject to risks and uncertainties which could cause actual
results to differ materially from those projected.
SOURCE Play Co. Toys & Entertainment Corp.
-0- 09/06/2000
/CONTACT: Play Co. Toys, 760-471-4505, Fax, 760-471-9624/
/Web site: playco.com
(PLCO)
CO: Play Co. Toys & Entertainment Corp.; Toys International.COM, Inc.
ST: California
IN: REA
SU: SLS
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