Gymboree "GYMB" Message Board

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Non-Tech : Gymboree "GYMB"

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To: Jason Loren Bauer who wrote (53)	6/5/1997 10:37:00 AM
From: Stephen McCullough	of 189

Thursday June 5 8:05 AM EDT Company Press Release Gymboree reports May sales up 30% and comp sales up 5% BURLINGAME, Calif.--(BUSINESS WIRE)--June 5, 1997--The Gymboree Corporation (NASDAQ:GYMB) reported net sales for the four week period ended May 31, 1997 of $23.2 million, an increase of 30% from sales of $17.9 million for the same period last year. Comparable store sales for the four week period increased 5% compared to last year. Net sales for the 17 weeks ended May 31, 1997 were $108.4 million, an increase of 25% from sales of $87.0 million for the same period last year. Comparable store sales for the 17 week period increased 2% compared to last year. The Gymboree Corporation designs, manufactures, and retails unique, high quality apparel and accessories for children from birth to seven years of age. The Company operates 384 stores which includes 377 stores in the United States and 7 stores in Canada. The Company also offers directed parent-child developmental play programs at over 375 franchised centers. ------------------------------------------------------------------------ Contact: Gymboree Corporation Joe Prusko, 415/696-7540 (IR)

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