Printer Friendly

ROWE FURNITURE CORPORATION ISSUES RESULTS

 SALEM, Va., Sept. 17 /PRNewswire/ -- Rowe Furniture Corporation (AMEX: ROW) issued the following results:
 Third Quarter Aug. 29, 1993 Aug. 30, 1992
 Net Shipments $20,808,000 $18,138,000
 Net Income 848,000 246,000
 Average Shares 4,062,780 3,846,054
 Share Earnings:
 Net Income $0.21 $0.06(A)
 Nine Months
 Net Shipments $62,133,000 $52,832,000
 Net Income 2,358,000 274,000
 Average Shares 4,053,266 3,845,864
 Share Earnings:
 Net Income $0.58 $0.07(A)
 (A) Per share amounts have been adjusted to give retroactive effect to a three-for-two stock split effective Dec. 24, 1992.
 -0- 9/17/93
 /NOTE TO EDITORS: The above per share amounts do not reflect the three-for-two stock split declared Sept. 9, 1993, to shareholders of record on Sept. 22, 1993, and payable Oct. 5, 1993./
 /CONTACT: Gerald Birnbach, president and chairman of the board, Rowe Furniture Corporation, 703-389-8671/
 (ROW)


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

MH-DS -- DC022 -- 3107 09/17/93 12:54 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 17, 1993
Words:176
Previous Article:GERMANTOWN FEDERAL SAVINGS BANK COMPLETES CONVERSION TO STOCK CHARTER
Next Article:W.U. PARFET RESIGNS AS UPJOHN VICE CHAIRMAN
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters