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To: lanac who wrote (652)9/3/1998 5:24:00 PM
From: lanac  Respond to of 750
 
More bad news


Thursday September 3, 10:20 am Eastern Time
Payless ShoeSource August sales down
TOPEKA, Kan., Sept 3 (Reuters) - Footwear retailer Payless ShoeSource Inc. said Thursday same store sales in August fell 5 percent and total sales fell 2.3 percent from year-ago levels.
The company said total sales for the four weeks ended August 29 fell to $212.5 million from $217.5 million a year ago.

At the end of August, Payless ShoeSource operated 4,523 stores, up from 4,411 a year ago.

The stock was off 11/16 at 40-3/16 Thursday morning on the New York Stock Exchange.

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