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R&B REPORTS 1993 FIRST QUARTER FINANCIAL RESULTS

 COLMAR, Pa., May 3 /PRNewswire/ -- R&B, Inc. (NASDAQ: RBIN) today announced increases in net sales, net income and net income per share in the first quarter, which ended March 27, 1993.
 For the first quarter of 1993, net sales increased 13 percent to $13,434,305 from $11,900,231. Quarterly net income was $974,807, up 18 percent from $824,464 in the 1992 first quarter. First quarter earnings per share were $.15 in 1993 and $.12 in 1992.
 There was a refinement in the overhead and production labor allocations during the first quarter of 1993, which had no effect on net income but resulted in an increase of approximately $862,000 in Cost of goods sold and a decrease of approximately $896,000 in Selling, general and administrative expenses. Had these allocations not been made, Cost of goods sold would have been 52.5 percent of net sales for the first quarter of 1993 versus 53.3 percent of net sales for the same quarter last year. Similarly, Selling, general and administrative expenses would have been 35.0 percent of net sales in the first quarter of 1993 vs. 34.7 percent of net sales in the same quarter last year.
 "Business activity was at a high level in the first quarter, and it is continuing," commented Richard Berman, R&B's president. "Higher sales to our top customers were largely responsible for sales growth in the first quarter."
 R&B, Inc. designs and markets replacement parts for the automotive aftermarket. These parts are sold to retailers, wholesalers, and others throughout the United States and Canada for use in the repair and maintenance of domestic and foreign cars and trucks. R&B's parts are marketed under more than 20 proprietary brand names, including HELP!(R) and MIGHTY LIFT!(R), as well as under the private labels of automobile manufacturers, parts manufacturers, and national wholesale distributors.
 R&B, INC.
 Condensed Statements of Income
 (Unaudited; in thousands, except per-share data)
 March 27 Pct. of March 28 Pct. of
 13 weeks ended 1993 Net sales 1992 Net sales
 Gross sales $15,812 --- $13,310 ---
 Credits and allowances 2,378 --- 1,410 ---
 Net sales 13,434 100.0 11,900 100.0
 Cost of goods sold 7,915 58.9 6,344 53.3
 Gross profit 5,519 41.1 5,556 46.7
 Selling, general and
 administrative expenses 3,807 28.3 4,135 34.7
 Income from operations 1,712 12.8 1,421 12.0
 Other expense, net 109 0.8 92 0.8
 Income before taxes 1,603 12.0 1,329 11.2
 Provision for income taxes 628 4.7 505 4.2
 Net income 975 7.3 824 7.0
 Common share $.15 --- $.12 ---
 Weighted average number of
 shares of common stock
 outstanding 6,675 --- 6,675 ---
 /delval/
 -0- 5/3/93
 /CONTACT: Richard Berman, president of R&B, 215-997-1800/
 (RBIN)


CO: R&B, Inc. ST: Pennsylvania IN: AUT SU: ERN

LJ-xx -- PH002 -- 3574 05/03/93 08:46 EDT
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Date:May 3, 1993
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