Play Co. Toys & Entertainment Corp. Announces 26.7% Sales Increase In the September Quarter and Opening of New Store in ColoradoOTC BB SYMBOLS: Common Stock - PLCO Series E Preferred Stock - PLCOP Series E Preferred Stock Warrants - PLCOW
SAN MARCOS, Calif., Oct 13, 2000 /PRNewswire via COMTEX/ -- 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 its sales in the September quarter were approximately $8.9 million, a $2.0 million, or 26.7%, increase over its sales of $6.9 million in the September 1999 quarter. The Company also announced that it opened a new Toys International store today in the Flatiron Mall in Broomfield, Colorado.
Richard Brady, Company President stated, "We are excited to open our first store in the state of Colorado. We expect to open three additional stores before the end of the year in Mall of America in Minnesota, Woodfield Mall in Schaumburg, Illinois and in Arundel Mills in Baltimore, Maryland."
Play Co. is a toy retailer with 35 stores located in ten states. All 35 of those stores are operated by the Toys International subsidiary (publicly traded under the ticker symbol TX40 on the Frankfurt Stock Exchange in Germany.) The Company operates under the Play Co. Toys, Toys International and Toy Co. trade names. 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 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.
CONTACT: Play Co. Toys, 760-471-4505, or fax, 760-471-9624
URL: playco.com prnewswire.com |