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MOORE MEDICAL REPORTS IMPROVED EARNINGS FOR SECOND QUARTER AND FIRST HALF

 NEW BRITAIN, Conn., July 22 /PRNewswire/ -- Moore Medical Corp. (AMEX: MMD) today reported sales of $70,183,000 for the second quarter ending July 3, 1993, which was equivalent to the sales volume in the second quarter a year ago. Net income for the quarter of $659,000, 23 cents per share, was 22 percent higher than the $539,000, 19 cents per share, earned in the 1992 second quarter. For the first half of the year, earnings increased 32 percent to $1,361,000, 47 cents per share.
 Commenting on the results of operations, Mark E. Karp, president and chief executive officer, stated, "The earnings improvements have resulted from our strategy, begun two years ago, to increase the sales of generic pharmaceuticals and medical/surgical supplies, our higher margin products, and to de-emphasize sales of low gross margin products. The second quarter represents and important milestone in this process, because it is the first time in two years that sales have not decreased from the prior year's comparable quarter.
 As previously reported, we relocated to a new distribution center in California in the first quarter of the year. We designed and situated this facility to achieve more rapid delivery of products to west coast customers. We are beginning to see some new business attributable to this investment, which is part of our long-term distribution plan to improve key customer service factors."
 Moore Medical Corp, is a national wholesale distributor of brand- name and generic pharmaceuticals and medical/surgical supplies.
 MOORE MEDICAL CORPORATION
 Statements of Operations
 For The Second Quarter of 1993 and 1992
 (Amounts in thousands, except per share data)
 Percent Pct. of Sales
 1993 1992 Change 1993 1992
 Net sales $70,183 $70,171 (-)pct 100.0pct 100.0pct
 Cost of products
 sold 61,151 61,861 (1) 87.1 88.2
 Gross profit 9,032 8,310 9 12.9 11.8
 Selling, general
 & administrative
 expenses 7,285 6,680 9 10.4 9.5
 Operating income 1,747 1,630 7 2.5 2.3
 Interest expense,
 net, 716 770 (7) 1.0 1.1
 Income before income
 taxes 1,031 860 20 1.5 1.2
 Income tax provision 372 321 --- .5 .4
 Net income $659 $539 22 pct 1.0 pct .8pct
 Net income per
 share 23 cents 19 cents
 Average shares
 outstanding 2,881 2,851
 NOTE: The second quarters ended on July 3, 1993 and June 27, 1992.
 MOORE MEDICAL CORPORATION
 Statements of Operations
 For The First Two Quarters of 1993 and 1992
 (Amounts in thousands, except per share data)
 Percent Pct. of Sales
 1993 1992 Change 1993 1992
 Net sales $144,700 $146,309 (1)pct 100.0pct 100.0pct
 Cost of products
 sold 126,182 129,267 (2) 87.2 88.4
 Gross profit 18,518 17,042 9 12.8 11.6
 Selling, general
 & administrative
 expenses 15,007 13,733 9 10.4 9.4
 Operating income 3,511 3,309 6 2.4 2.2
 Interest expense,
 net, 1,383 1,680 (18) .9 1.1
 Income before income
 taxes 2,128 1,629 31 1.5 1.1
 Income tax provision 767 598 --- .5 .4
 Net income $1,361 $1,031 32 pct 1.0 pct .7pct
 Net income per
 share 47 cents 36 cents
 Average shares
 outstanding 2,885 2,845
 NOTE: The first two quarters ended on July 3, 1993 and June 27, 1992.
 -0- 7/22/93
 /CONTACT: John A. Murray of Moore Medical Corp., 203-826-3677/
 (MMD)


CO: Moore Medical Corp. ST: Connecticut IN: HEA MTC SU: ERN

CM -- NE001 -- 4292 07/22/93 08:00 EDT
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Date:Jul 22, 1993
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