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Sunglass Hut International: February 1998 comparable store sales report

19 March 1998: Sunglass Hut International of the United States reported that sales for the four weeks ended 28 February 1998 were US$ 39.1 million, an increase of 7.8% above the US$ 36.3 million repor…

19 March 1998: Sunglass Hut International of the United States reported that sales for the four weeks ended 28 February 1998 were US$ 39.1 million, an increase of 7.8% above the US$ 36.3 million reported for the comparable four-week period ending 1 March 1997. Comparable store sales for the four-week period ended 28 February 1998 increased 3.5%. “February comparable store results were positively impacted by Sunglass Hut“s international stores and continued strong Watch Station performance. North America Sunglass Hut results, although positive, were negatively impacted by performance on the West coast due to unusual weather patterns in that region,” said John X. Watson, President and Chief Executive Officer. Sunglass Hut International has stores located throughout the United States, Canada, the Caribbean, Europe, Australia, New Zealand and Singapore.

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