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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: June 9, 1995
Date of earliest event reported: June 1, 1995
THE MAY DEPARTMENT STORES COMPANY
(Exact name of Registrant as specified in its charter)
New York I-79 43-0398035
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
611 Olive Street, St. Louis, Missouri 63101
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:
(314) 342-6300
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Item 5. Other Events.
On June 1, 1995, Registrant reported preliminary sales of
$929.7 million for the four-week period ended May 27, a 9.1%
increase over $852.1 million in the similar fiscal period last
year. Sales for the first four months of fiscal 1995 were $3.63
billion, up 7.4% from sales of $3.38 billion during the same
period a year ago. Department store sales for the month of May
totaled $726.2 million, up 8.8% or $58.5 million over last year.
Sales for Payless ShoeSource were $203.5 million, an increase of
10.4% or $19.1 million over last year's similar period. The
information set forth in Exhibit 99-1 is hereby incorporated by
reference herein.
Item 7. Financial Statements and Exhibits.
(c) Exhibits. The following documents are filed as Exhibits.
Sequential
Numbering
System
Exhibit No. Exhibit Page Number
99-1 Press Release dated June 1, 1995 5
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
THE MAY DEPARTMENT STORES COMPANY
Dated: June 9, 1995 By: /s/ Richard A. Brickson
Richard A. Brickson
Secretary and Senior Counsel
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INDEX TO EXHIBITS
Sequential
Numbering
System
Exhibit No. Exhibit Page Number
99-1 Press Release dated June 1, 1995 5
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For Immediate Release Contact: Jim Abrams
(314) 342-6343
SALES INCREASE 9.1% FOR THE MONTH OF MAY
FOR THE MAY DEPARTMENT STORES COMPANY
ST. LOUIS, June 1, 1995 -- The May Department Stores Company
today reported preliminary sales of $929.7 million for the four-
week period ended May 27, a 9.1% increase over $852.1 million in
the similar fiscal period last year.
Sales for the first four months of fiscal 1995 were $3.63
billion, up 7.4% from sales of $3.38 billion during the same
period a year ago.
Department store sales for the month of May totaled $726.2
million, up 8.8% or $58.5 million over last year. Sales for
Payless ShoeSource were $203.5 million, an increase of 10.4% or
$19.1 million over last year's similar period.
Sales were as follows:
SALES FOR THE MONTH OF MAY (Millions)
Fiscal Fiscal Percent Store-for-Store*
1995 1994 Increase Inc/(Dec)
Department stores $ 726.2 $ 667.7 8.8% 5.4%
Payless ShoeSource 203.5 184.4 10.4 (5.0)
TOTAL $ 929.7 $ 852.1 9.1% 3.2%
YEAR-TO-DATE SALES (Millions)
Fiscal Fiscal Percent Store-for-Store*
1995 1994 Increase Inc/(Dec)
Department stores $2,854.0 $2,677.5 6.6% 3.1%
Payless ShoeSource 773.1 701.1 10.3 (4.7)
TOTAL $3,627.1 $3,378.6 7.4% 1.5%
* Store-for-store sales represent sales of those stores open during
both years.
Sales have been restated to exclude the sales of stores that
have been closed and not replaced. Year-to-date revenues,
including sales of nonreplaced closed stores and finance charge
revenue, were $3.74 billion in 1995 and $3.50 billion in 1994.
During the month, May opened 10 net new Payless ShoeSource
stores and 11 Payless Kids expansion stores. Year-to-date, May
has opened two of the 23 department stores and 144 of the 258 net
new Payless ShoeSource stores scheduled to open in 1995.
The May Department Stores Company operates 315 department
stores and 4,579 Payless ShoeSource stores.
