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R&B REPORTS RECORD 1993 THIRD QUARTER AND NINE-MONTH FINANCIAL RESULTS

 COLMAR, Pa., Oct. 29 /PRNewswire/ -- R&B, Inc. (NASDAQ: RBIN) today announced record financial results for the third quarter that ended Sept. 25, 1993.
 Net sales, net income, and net income per share for the 1993 year- to-date exceeded the levels for all of 1992.
 For the third quarter of 1993, net sales increased 55.4 percent to $17,637,924 from $11,350,179. Quarterly net income was $1,215,733, up 24.7 percent from $974,719 in the 1992 third quarter. Third quarter earnings per share were $.18 in 1993 compared with $.15 in 1992.
 "Outstanding product placement in programs implemented over the past year was responsible for the strong sales growth," commented Richard Berman, R&B's president. "Consumers are responding enthusiastically to our product displays in automotive retail stores. New programs for automotive repair shops also contributed to our growth."
 "The $11,743,750 R&B raised in its recent public offering of common stock gives the company the flexibility to accelerate product introductions and enhance customer service."
 For the first 39 weeks of 1993, net sales were $48,641,299, up 39.7 percent from $34,904,131. Nine-month net income was $3,610,143, or $.54 per share, in 1993, a 31.6 percent increase from $2,742,533, or $.41 per share in 1992.
 R&B, Inc. designs and markets replacement parts for the automotive and marine 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, trucks and boats. R&B's parts are marketed under more than 30 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 amounts)
 13 weeks ended 9/26/92 Pct. 9/26/92 Pct. 9/25/93 Pct.
 Actual Pro forma(A)
 Gross sales $13,327 --- $13,327 --- $20,321 ---
 Credits and allowances 1,977 --- 1,977 --- 2,683 ---
 Net sales 11,350 100.0 11,350 100.0 17,638 100.0
 Cost of goods sold 5,512 48.6 6,042 53.3 10,691 60.6
 Gross profit 5,838 51.4 5,308 46.7 6,947 39.4
 Selling, general and
 administrative expenses 4,152 36.6 3,622 31.9 4,787 27.1
 Income from operations 1,686 14.8 1,686 14.8 2,160 12.3
 Other expense, net 84 .7 84 .7 157 .9
 Income before taxes 1,602 14.1 1,602 14.1 2,003 11.4
 Provision for income taxes 628 5.5 628 5.5 787 4.5
 Net income 974 8.6 974 8.6 1,216 6.9
 Net income per share $.15 --- $.15 --- $.18 ---
 Weighted average number of
 shares of common stock
 outstanding 6,675 --- 6,675 --- 6,692 ---
 39 weeks ended 9/26/92 Pct. 9/26/92 Pct. 9/25/93 Pct.
 Actual Pro forma(A)
 Gross sales $40,512 --- $40,512 --- $57,315 ---
 Credits and allowances 5,608 --- 5,608 --- 8,673 ---
 Net sales 34,904 100.0 34,904 100.0 48,642 100.0
 Cost of goods sold 17,651 50.6 19,246 55.1 29,291 60.2
 Gross profit 17,253 49.4 15,658 44.9 19,351 39.8
 Selling, general and
 administrative
 expenses 12,470 35.7 10,875 31.2 12,990 26.7
 Income from operations 4,783 13.7 4,783 13.7 6,361 13.1
 Other expense, net 268 .8 268 .8 423 .9
 Income before taxes 4,515 12.9 4,515 12.9 5,938 12.2
 Provision for income
 taxes 1,773 5.0 1,773 5.0 2,328 4.8
 Net income 2,742 7.9 2,742 7.9 3,610 7.4
 Net income per share $.41 --- $.41 --- $.54 ---
 Weighted average number of
 shares of common stock
 outstanding 6,675 --- 6,675 --- 6,681 ---
 (A) Beginning in 1993, the company refined its method of allocating overhead and production costs between costs of goods sold and selling, general and administrative expenses. The information included under this caption is presented as if the refinement had occurred at the beginning of 1992.
 /delval/
 -0- 10/29/93
 /CONTACT: Richard Berman, president of R&B, 215-997-1800/
 (RBIN)


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

MK-MP -- PH033 -- 8645 10/29/93 15:42 EDT
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Date:Oct 29, 1993
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