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ROCKY MOUNT UNDERGARMENT CO., INC. REPORTS IMPROVED FIRST QUARTER RESULTS

 ROCKY MOUNT UNDERGARMENT CO., INC.
 REPORTS IMPROVED FIRST QUARTER RESULTS
 ROCKY MOUNT, N.C., May 13 /PRNewswire/ -- Rocky Mount Undergarment Co., Inc. (NASDAQ: RMUC) today reported results from operations for the quarter ending March 29, 1992.
 Net sales for the quarter were $5,526,000, a 47 percent increase over the $3,757,000 reported for the first quarter of 1991. Approximately half of that increase is attributable to the acquisition of Marion Rohr, while the other half resulted from improved sales from existing lines. The current order backlog has more than doubled from the same point one year ago.
 Operations for the quarter resulted in a net loss of $297,000 ($.10 per share) compared to a net loss of $367,000 ($.13 per share) for the comparable period last year. Improvements in operating results occurred in spite of two customer bankruptcies during the quarter.
 Rocky Mount manufactures and markets intimate apparel for women and children.
 ROCKY MOUNT UNDERGARMENT, CO., INC.
 COMPARATIVE TABLE
 QUARTER ENDED
 March 29, March 31,
 1992 1991
 NET SALES $ 5,526,000 $ 3,757,000
 NET LOSS $ (297,000) $ (367,000)
 NET LOSS PER SHARE $ (.10) $ (.13)
 WEIGHTED AVERAGE
 SHARES OUTSTANDING 2,898,400 2,865,237
 March 29, Dec. 31,
 1992 1991
 Current assets $ 7,781,000 $ 8,455,000
 Total assets 9,870,000 10,520,000
 Current liabilities 2,959,000 3,294,000
 Long-term debt 743,000 761,000
 Stockholders' equity 6,168,000 6,465,000
 -0- 5/13/92
 /CONTACT: North Carolina - Charles Kralick, Vice President-Finance, 919-446-6161, or New York - Seth Berkowitz, 212-481-1930, both of Rocky Mount Undergarment, Co., Inc./
 (RMUC) CO: Rocky Mount Undergarment Co., Inc. ST: North Carolina IN: TEX SU: ERN


JZ -- CH014 -- 9938 05/13/92 17:33 EDT
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Publication:PR Newswire
Date:May 13, 1992
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