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PRIVATE BRANDS REPORTS THIRD QUARTER EARNINGS

 PRIVATE BRANDS REPORTS THIRD QUARTER EARNINGS
 NEW YORK, Sept. 14 /PRNewswire/ -- Private Brands, Inc.


(NASDAQ: PRIB), a leading designer and manufacturer of knitted contemporary leisure wear and, through its Bali subsidiary, of gold jewelry products, today reported sales and earnings in the three and nine month periods ended June 30, 1992.
 PRIVATE BRANDS, INC.
 Period ended Three months Nine months
 June 30 1992 1991 1992 1991
 Total sales $2,967,087 $7,511,786 $14,540,130 $19,538,092
 Income before taxes 237,899 (19,613) 639,228 142,660
 Net income 113,863 (11,480) 339,600 87,949
 Dividends on preferred
 stock -- 82,810 82,810 248,430
 Net income per share
 of common stock .01 (.01) .01 (.02)
 Average number of
 shares outstanding 8,365,190 8,365,190 8,365,190 8,365,190
 -0- 9/14/92
 /CONTACT: Aaron J. Gross of Private Brands, Inc., 718-237-0472/
 (PRIB) CO: Private Brands, Inc. ST: New York IN: TEX SU: ERN


PS-OS -- NY032 -- 9066 09/14/92 10:56 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 14, 1992
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