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HUDSON FOODS, INC. ANNOUNCES FOURTH-QUARTER AND 1992 FISCAL YEAR-END RESULTS

 HUDSON FOODS, INC. ANNOUNCES FOURTH-QUARTER
 AND 1992 FISCAL YEAR-END RESULTS
 ROGERS, Ark., Nov. 4 /PRNewswire/ -- Hudson Foods, Inc. (NYSE: HFI), a Fortune 500 company and one of the nation's largest poultry producers and food processors, headquartered in Rogers, today announced results for the period ended Oct. 3, 1992.
 Net income for the fourth quarter was $1.8 million, or 12 cents in primary and fully diluted earnings per share. This compares with last year's fourth-quarter net income of $4.1 million, or 28 cents in primary and fully diluted earnings per share.
 Sales for the quarter increased 1.5 percent to $206.3 million from $203.3 million one year ago.
 For 1992, net income was $2.2 million, or 15 cents in primary and fully diluted earnings per share, compared with the year-earlier $8.5 million, or 58 cents in primary and fully diluted earnings per share.
 Sales rose to a record $809.2 million from $765.3 million one year ago, a gain of 5.7 percent.
 Hudson Foods, Inc. sells a variety of chicken and turkey products under the "Hudson," "Flavor Fresh" and "Hudson Deli-Meister" brand names, as well as poultry, beef and pork products under the "Ohse," "Schwiegert," "Pierre" and "Roegelein" brand names.
 HUDSON FOODS, INC.
 Financial Highlights
 (In thousands except per share amounts, unaudited)
 Three Months Ended
 Oct. 3, 1992 Sept. 28, 1991
 Sales $ 206,254 $ 203,279
 Net income 1,785 4,052
 Earnings per share:
 Primary 0.12 0.28
 Fully diluted 0.12 0.28
 Shares used in earnings
 per share computations:
 Primary 14,313,982 14,546,932
 Fully diluted 14,313,982 18,047,196
 Year Ended
 Oct. 3, 1992 Sept. 28, 1991
 Sales $ 809,243 $ 765,292
 Net income 2,170 8,542
 Earnings per share:
 Primary 0.15 0.58
 Fully diluted 0.15 0.58
 Shares used in earnings
 per share computations:
 Primary 14,303,217 14,732,860
 Fully diluted 14,303,217 14,732,860
 -0- 11/4/92
 /CONTACT: Tom Reynolds, secretary/treasurer of Hudson Foods, Inc. 501-631-5177/
 (HFI) CO: Hudson Foods, Inc. ST: Arkansas IN: FOD SU: ERN


AH -- NY069 -- 2641 11/04/92 16:01 EST
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Publication:PR Newswire
Date:Nov 4, 1992
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