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VACU-DRY REPORTS FIRST QUARTER RESULTS

 SEBASTOPOL, Calif., Oct. 21 /PRNewswire/ -- Vacu-Dry Co. (NASDAQ: VDRY), one of California's largest volume apple processors, today announced financial results for the first quarter of the company's 1993-94 fiscal year.
 Vacu-Dry finished the quarter ended Sept. 30, 1993, with total revenues of $7,813,000 and net earnings of $260,000 or 16 cents per share on 1,664,029 average shares outstanding. These results compare with revenues of $7,371,000 and net earnings of $427,000 or 26 cents per share on 1,664,029 average shares outstanding for the quarter ended Sept. 30, 1992.
 As of Sept. 30, 1993, the company had an unshipped backlog of $14,525,000, which compares to $13,546,000 as of Sept. 30, 1992.
 VACU-DRY CO.
 Three Months Ended: 9/30/93 9/30/92
 Revenues $7,813,000 $7,371,000
 Earnings before taxes $ 433,000 $ 723,000
 Income tax provision 173,000 296,000
 Net earnings $ 260,000 $ 427,000
 Earnings per common share $ 0.16 $ 0.26
 Average common shares outstanding 1,664,029 1,664,029
 -0- 10/21/93
 /CONTACT: Donal Sugrue, president, 707-829-4600, or D.P. Boothe Jr., chairman, 415-332-6527, both of Vacu-Dry/
 (VDRY)


CO: Vacu-Dry Co. ST: California IN: FOD SU: ERN

TM-MC -- SF016 -- 2153 10/21/93 17:54 EDT
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Publication:PR Newswire
Date:Oct 21, 1993
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