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ARDEN INTERNATIONAL KITCHENS NINE MONTH RESULTS

 MINNEAPOLIS, Oct. 19 /PRNewswire/ -- Arden International Kitchens, Inc., (NASDAQ: AIKI) today reported a net income of $495,559, or $.16 per share, on revenues of $14,218,836 for the nine months ended Sept. 25, 1993. This compares with a net income of $191,229, or $.06 per share, on revenues of $13,419,097 for the first nine months of 1992.
 For the third quarter of 1993, the company had a net income of $157,037, or $.05 per share, on revenues of $4,740,844. This compares with a net income of $80,704 or $.03 per share, on revenues of $4,938,820 for the same period last year.
 R. Stephen Tanner, chief executive officer, said, "Third quarter sales are slightly less than last year, due in part, we feel, to the effects of the severe climatic conditions earlier this year in our principal market areas of the midwest and southeast. However, we are encouraged to report an 80.4 percent net income growth in the third quarter as compared to the same period last year."
 With regards to the company's previously announced plant expansion, Tanner said, "Despite our unusually cool and rainy Minnesota summer, construction has continued on schedule. We anticipate this expansion to be complete and operational by the beginning of the next year."
 Arden International Kitchens, Inc., headquartered in Lakeville, Minn., produces and markets frozen prepared food entrees for the food service industry. Annual sales are projected to reach approximately $20 million in 1993.
 The company's stock is traded on the National-Over-the-Counter market under the symbol AIKI.
 ARDEN INTERNATIONAL KITCHENS, INC.
 FINANCIAL SUMMARY
 (Unaudited)
 Three months ended Nine months ended
 9/25/93 9/26/92 9/25/93 9/26/92
 Net sales $4,740,844 $4,938,820 $14,218,836 $13,419,097
 Net income $157,037 $80,704 $495,559 $191,229
 Earnings per share,
 primary and fully
 diluted $.05 $.03 $.16 $.06
 Weighted average number
 of common shares and
 common equivalent
 shares outstanding 3,079,035 3,066,095 3,073,084 3,111,135
 -0- 10/19/93
 /CONTACT: Brian E. MacKenzie of Arden International Kitchens,


612-469-2000/
 (AIKI)


CO: Arden International Kitchens, Inc. ST: Minnesota IN: FOD SU: ERN

DB-CP -- MN008 -- 3751 10/19/93 08:37 EDT
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Publication:PR Newswire
Date:Oct 19, 1993
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