The Bombay Company, Inc. Announces 5% March Same Store Sales Increase

Apr 11, 2001, 01:00 ET from The Bombay Company, Inc.

    FORT WORTH, Texas, April 11 /PRNewswire/ -- The Bombay Company, Inc.
 (NYSE:   BBA) reported today that total sales for the five week period ended
 April 7, 2001 were $35.6 million compared to $33.9 million for the five week
 period ended April 1, 2000, an increase of 5% over last year's reporting
 period.  As a result of the 53 week calendar for fiscal 2000 and the shift in
 the five week period constituting fiscal March, the five week periods are not
 comparable for measuring same store sales gains for stores in existence for
 more than one year.  On a restated basis, same store sales for the five week
 period ended April 7, 2001 compared to the five week period ended April 8,
 2000 increased 5% while total sales increased 9% during that same timeframe.
     For the nine week period, total sales were $63.0 million compared to
 $59.4 million during last year's reporting period, an increase of 6%.  On a
 restated basis, for the nine week period ended April 7, 2001, same store sales
 increased 3% and total sales increased 5% compared to the nine weeks ended
 April 8, 2000.
     Carmie Mehrlander, Chairman & Chief Executive Officer, stated, "The
 5% same store sales increase this month is on top of last year's 10% same
 store sales increase.  While we are pleased with the overall March
 performance, the strong sales were driven by two spring catalogs, which
 arrived in homes during the month and selective promotions.  We were
 disappointed with sales during the early part of the month but we were
 encouraged by the customers' response to the new spring merchandise as the
 month progressed.  We remain cautious about sales going forward in light of
 the challenging economic environment."
     The Bombay Company, Inc. is a specialty retailer marketing classic and
 timeless furniture, prints and accessories through a network of 412 Bombay
 stores and its mail order operations in the United States and Canada as well
 as over the Internet at www.bombaycompany.com.
     Any statements in this press release that may be considered forward-
 looking statements are subject to risks and uncertainties that could cause
 actual results to differ materially.  Such forward-looking statements involve
 known and unknown risks, uncertainties and other factors which may cause the
 actual results, performance or achievements of the Company to be materially
 different from any future results, performance or achievements expressed or
 implied by such forward-looking statements.  Such factors include, but are not
 limited to, the following:  competition; seasonality; success of operating
 initiatives; new product development and introduction schedules; acceptance of
 new product offerings; advertising and promotional efforts; adverse publicity;
 expansion of the store chain; availability, locations and terms of sites for
 store development; changes in business strategy or development plans;
 availability and terms of capital; labor and employee benefits costs; changes
 in government regulations; risks associated with international business;
 regional weather conditions and other risks and uncertainties contained in the
 Company's public announcements, reports to stockholders and SEC filings,
 including but not limited to Reports on Forms 10-K, 8-K and 10-Q.
 
 

SOURCE The Bombay Company, Inc.
    FORT WORTH, Texas, April 11 /PRNewswire/ -- The Bombay Company, Inc.
 (NYSE:   BBA) reported today that total sales for the five week period ended
 April 7, 2001 were $35.6 million compared to $33.9 million for the five week
 period ended April 1, 2000, an increase of 5% over last year's reporting
 period.  As a result of the 53 week calendar for fiscal 2000 and the shift in
 the five week period constituting fiscal March, the five week periods are not
 comparable for measuring same store sales gains for stores in existence for
 more than one year.  On a restated basis, same store sales for the five week
 period ended April 7, 2001 compared to the five week period ended April 8,
 2000 increased 5% while total sales increased 9% during that same timeframe.
     For the nine week period, total sales were $63.0 million compared to
 $59.4 million during last year's reporting period, an increase of 6%.  On a
 restated basis, for the nine week period ended April 7, 2001, same store sales
 increased 3% and total sales increased 5% compared to the nine weeks ended
 April 8, 2000.
     Carmie Mehrlander, Chairman & Chief Executive Officer, stated, "The
 5% same store sales increase this month is on top of last year's 10% same
 store sales increase.  While we are pleased with the overall March
 performance, the strong sales were driven by two spring catalogs, which
 arrived in homes during the month and selective promotions.  We were
 disappointed with sales during the early part of the month but we were
 encouraged by the customers' response to the new spring merchandise as the
 month progressed.  We remain cautious about sales going forward in light of
 the challenging economic environment."
     The Bombay Company, Inc. is a specialty retailer marketing classic and
 timeless furniture, prints and accessories through a network of 412 Bombay
 stores and its mail order operations in the United States and Canada as well
 as over the Internet at www.bombaycompany.com.
     Any statements in this press release that may be considered forward-
 looking statements are subject to risks and uncertainties that could cause
 actual results to differ materially.  Such forward-looking statements involve
 known and unknown risks, uncertainties and other factors which may cause the
 actual results, performance or achievements of the Company to be materially
 different from any future results, performance or achievements expressed or
 implied by such forward-looking statements.  Such factors include, but are not
 limited to, the following:  competition; seasonality; success of operating
 initiatives; new product development and introduction schedules; acceptance of
 new product offerings; advertising and promotional efforts; adverse publicity;
 expansion of the store chain; availability, locations and terms of sites for
 store development; changes in business strategy or development plans;
 availability and terms of capital; labor and employee benefits costs; changes
 in government regulations; risks associated with international business;
 regional weather conditions and other risks and uncertainties contained in the
 Company's public announcements, reports to stockholders and SEC filings,
 including but not limited to Reports on Forms 10-K, 8-K and 10-Q.
 
 SOURCE  The Bombay Company, Inc.