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JG INDUSTRIES REPORTS RESULTS

 JG INDUSTRIES REPORTS RESULTS
 CHICAGO, June 9 /PRNewswire/ -- JG Industries, Inc. (NASDAQ: JGIN)


reported today a net loss for the quarter ended April 25, 1992, of $1,079,000 as compared with a net loss in the prior year of $645,000.
 Net sales were $49,510,000, an increase over prior-year sales of $47,378,000. In the current year, the net loss applicable to each common share (after preferred stock dividends) was $.24 as compared with $.17 in the prior year.
 JG Industries, Inc. is a Chicago-based retail holding company that operates, through its various subsidiaries, 13 Goldblatt's Department Stores in the Chicago metropolitan area, 10 Huffman Koos furniture stores in New Jersey and New York, and 119 specialty shoe stores in seven states.
 -0- 6/9/92
 /CONTACT: Tom Pabst of JG Industries, 312-787-0022/
 (JGIN) CO: JG Industries Inc. ST: Illinois IN: REA SU: ERN


CK -- NY030 -- 8321 06/09/92 11:20 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 9, 1992
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