Cosmetic Center Inc.This Savage-based retail chain...

BY THE NUMBERS

July 10, 1992

Cosmetic Center Inc.

This Savage-based retail chain continued to post strong earnings gains during its third quarter, which ended June 26, the company said yesterday.

The 38-store chain, which plans to open two stores in Chevy Chase and Northern Virginia next month, reported yesterday that its quarterly earnings rose to $520,000, or 13 cents a share, from $328,000, or 11 cents a share, during the same period a year ago.

Sales increased 16.7 percent, to $23.7 million from $20.3 million, as comparable-store sales rose 10 percent.

The retailer said it is negotiating for leases that it hopes will allow it to open an additional five stores before the Christmas selling season.

Three months ended 6/26/92

... ...Revenue... ... ... ... Net... .... .... Share

'92... 23,700,000... ... ... 520,000 ... ... 0.13

20,300,000... ... ... 328,000 ... ... 0.11

change +16.7... .. ... .. .. +58.5... .... ... +18.2

Nine months ended 6/26/92

... ... Revenue... ... ... ... Net... ... ... Share

'92 ... 78,000,000... ... ... 1,868,000... 0.56

'91 ... 66,300,000... ... ... 1,511,000... 0.49

% change +17.6... ... ... ... +23.6... .... ..+14.3

Citizens Bancorp

This Laurel-based bank holding company said yesterday that although its profits declined compared with the second quarter of 1991, its "financial results have consistently improved throughout 1992."

Chairman Alfred H. Smith Jr. noted Citizens Bancorp's strong capital-to-assets ratio and strong liquidity, with cash and securities accounting for 42.9 percent of assets. He said non-performing assets were less than 1.5 percent of total assets.

Citizens is the parent of Citizens Bank of Maryland, Citizens Bank of Virginia and Citizens Bank of Washington, N.A.

Three months ended 6/30/92

... ...Income... ... ... ... Share

'92 .. 6,021,000... ... ... 0.42

'91 .. 6,626,000 ... ... .. 0.47

% change 9.1 ... ... ... ... 10.6

... ..Assets... ... ... Deposits

'92 3,167,000,000 ... .2,800,000,000

'91 2,937,000,000... ..2,460,000,000

% change +7.8... ... ... +13.8

Six months ended 6/30/92

... ...Income.... .... .... Share

'92 11,328,000... ... .... 0.79

'91 12,924,000... ... .... 0.92

% change 12.3 ... ... ... ...14.1

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