Cosmetic Center

The Cosmetic Center Inc., a Savage-based chain of 38 cosmetics and fragrance stores, posted strong gains in sales and earnings for its second quarter, which ended March 27.

Earnings in the quarter reached $220,000, a 22.2 percent increase from the same quarter of 1991, on sales of $21.8 million, a 19.9 percent gain. Sales at stores that were also open last year increased 13.7 percent.

The company also said yesterday that the Securities and Exchange Commission has given the go-ahead for its planned offering of 1.1 million shares of non-voting Class A common stock at $14 a share. Legg Mason Wood Walker is the underwriter for the offering.

.. .. .. .. .. .. ..Three months ended 3/27/92

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

'92.. .. .. .. 21,817,000.. .. .. 220,000.. .. .. .. .. .. 0.07

'91.. .. .. .. 18,194,000.. .. .. 180,000.. .. .. .. .. .. 0.06

% change.. .. .. +19.9.. .. .. .. +22.2.. .. .. .. .. .. . +16.6

.. .. .. .. .. .. Six months ended 3/27/92

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

'92.. .. .. .. 54,320,000.. .. .. 1,348,000.. .. .. .. .. 0.43

'91.. .. .. .. 45,994,000.. .. .. 1,183,000.. .. .. .. .. 0.38

% change.. .. ..+18.1.. .. .. .. +13.9.. .. .. .. .. .. ..+13.2