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ROADMASTER INDUSTRIES ANNOUNCES SECOND QUARTER AND MID-YEAR RESULTS

 ENGLEWOOD, Colo., July 30 /PRNewswire/ -- Roadmaster Industries Inc. ("RMI" or the "company") (AMEX: RDM) announced today net sales of $66.3 million for the quarter ended July 3, 1993. Net earnings for the quarter were $758,000 or 3 cents per fully-diluted share. This compared to last year's net sales of $39.5 million and net earnings of $80,000 or 0 cents per fully-diluted share.
 Net sales for the six months ended July 3, 1993 were $132.7 million compared to $91.5 million for the like 1992 period. Net earnings for the first six months of 1993 were $1.8 million or 6 cents per fully- diluted share compared to net earnings of $786,000 or 3 cents per fully- diluted share for the like 1992 period.
 In the first quarter of 1993, the company adopted SFAS 109, "Accounting for Income Taxes," by retroactive restatement of prior years' financial statements. As a result, net earnings and earnings per share for the 1992 periods shown above are restated.
 Roadmaster Industries operates through its two wholly owned subsidiaries, Roadmaster Corp. ("Roadmaster") and Hamilton Lamp Corp. ("Hamilton") as well as its majority-owned subsidiary, International Sports and Fitness Inc. ("International"). Roadmaster is a leading designer and manufacturer of Roadmaster(R) junior products including, Roadmaster(R) PlaySafe(TM) swing sets, Roadmaster(R) bicycles and Vitamaster(R) fitness equipment. Hamilton is a leading manufacturer of lamps including children's lighting products and replacement lamp shades. International, through its wholly owned subsidiary, Roadmaster Leisure Inc., markets and distributes a broad range of sporting goods and recreational products, including Roadmaster products, in Canada.
 -0- 7/30/93
 /CONTACT: Thomas B. Olson of Roadmaster Industries, 303-290-8150/
 (RDM)


CO: Roadmaster Industries Inc. ST: Colorado IN: SU: ERN

MC -- DV001 -- 7629 07/30/93 09:30 EDT
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Publication:PR Newswire
Date:Jul 30, 1993
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