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RAUCH INDUSTRIES ANNOUNCES YEAR END RECORD SALES AND EARNINGS

 GASTONIA, N.C., March 3 /PRNewswire/ -- Rauch Industries, Inc. (NASDAQ-NMS: RCHI), a NASDAQ traded company, today announced financial results for the year ended Dec. 31, 1992. Net sales for the company during the year ended Dec., 31, 1992 was a record $40.7 million, up 8 percent over 1991 net sales of $37.8 million. For the sixth consecutive year, the company achieved record net income. Net income for the year ended Dec., 31, 1992 was $2.85 million or $1.16 per share, as compared to $2.79 million or $1.13 per share for the year ended Dec. 31, 1991. Rauch is America's oldest and best-known manufacturer of Christmas tree ornaments and related products.
 Net sales for the fourth quarter ended Dec. 31, 1992 were $18.0 million as compared to $15.5 million for the same quarter of 1991. Net income for the fourth quarter of 1992 was $.61 per share as compared to $.58 per share for the same quarter of 1991.
 Marshall A. Rauch, Chairman, said the year-end results were gratifying in light of weak economic conditions for the calendar 1992 year.
 -0- 3/3/93
 /CONTACT: Marshall A. Rauch, President and Chief Executive, or Donald G. Walser, Executive VP and Treasurer, Rauch Industries, 704-867-5333/
 (RCHI)


CO: Rauch Industries, Inc. ST: North Carolina IN: SU: ERN

CM -- CH006 -- 2421 03/03/93 11:40 EST
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Publication:PR Newswire
Date:Mar 3, 1993
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