NEW YORK, July 10 /PRNewswire/ -- Woolworth Corporation (NYSE:Z) reported sales for thefive-week period ended July 5, 1997 of $681 million, versus $708 million in the comparableyear-earlier period, a decrease of 3.8 percent. For this same five-week period, comparable storesales decreased 3.1 percent. For the 22 weeks ended July 5, 1997, sales decreased 2.4 percent to $2,971 million from $3,044million in the comparable year-earlier period. For this same 22 week period, comparable storesales decreased 2.7 percent. Excluding the effect of translation rates, particularly as it relates to the Company's Germanoperations, sales for the five-week period decreased 0.7 percent while sales for the 22 weekperiod increased 0.4 percent. Sales of businesses disposed of during 1996 and 1997 have beenexcluded from all calculations.
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