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ROWE FURNITURE ANNOUNCES EARNINGS FORECAST FOR FIRST QUARTER 1993

 ARLINGTON, Va., Feb. 11 /PRNewswire/ -- Gerald M. Birnbach, Chairman of the Board and President of Rowe Furniture Corporation (AMEX: ROW), announced today that net shipments for the first quarter ended Feb. 28, 1993 are expected to approximate $20.0 million versus $16.7 million in the comparable 1992 period.
 Earnings per share for the first quarter of 1993, are expected to be between $0.18 - $0.20 per share versus a loss of ($.01) per share in the comparable 1992 quarter. Earnings per share for the first quarter of 1993 and 1992 reflect a three-for-two stock split paid on Jan. 15, 1993.
 -0- 2/11/93
 /CONTACT: Gerald M. Birnbach, Chairman of the Board and President, Rowe Furniture Corporation, 703-413-6050/
 (ROW)


CO: Rowe Furniture Corporation ST: Virginia IN: REA SU: ERP

CM -- CH002 -- 5719 02/11/93 12:43 EST
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Publication:PR Newswire
Date:Feb 11, 1993
Words:140
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