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Non-Tech : Bombay (BBA): Time for a run up? -- Ignore unavailable to you. Want to Upgrade?

To: needawin who wrote (116)	5/7/1998 9:02:00 AM
From: David R. Schaller	Read Replies (1) \| Respond to of 202

needawin, Heres April & 1st Quarter sales: ---------------------------------------------------------------------- The Bombay Company, Inc. Announces 3% April Same Stores Sales Increase FORT WORTH, Texas, May 7 /PRNewswire/ -- The Bombay Company, Inc. (NYSE: BBA - news) reported today that same store sales for stores in existence for more than one year increased 3% for the four week period ended May 2, 1998, compared to the corresponding period of the prior year. Total sales increased 2% to $21.0 million from $20.6 million last year. Same store sales also increased 3% for the quarter ended May 2, 1998 and total sales increased 2% to $68.3 million from $67.2 million. The lower increase in total sales is due to the closing of a net 15 stores since April 1997. Robert S. Jackson, Chief Executive Officer, noted that sales for March and April individually were impacted by the Easter calendar shift. For the months of March and April combined, same store sales increased 4% over last year and are in line with expectations. During April and continuing into May and June, much of the marketing focus is on gift oriented items and promotional furniture offerings which are expected to continue to generate positive sales growth. The Bombay Company, Inc. is a specialty retailer marketing classic and traditional furniture, prints and accessories through a network of 409 Bombay stores and its mail order operations in the United States and Canada as well as over the Internet. SOURCE: The Bombay Company, Inc. ---------------------------------------------------------------------- All considered it seems to add weight to the notion of a turnaround. Be interested to see if they actually made any money in the first quarter. It'll be a first if they did. Regards, Dave