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BANDAG REPORTS SALES AND EARNINGS FOR FIRST QUARTER 1992

 BANDAG REPORTS SALES AND EARNINGS FOR FIRST QUARTER 1992
 MUSCATINE, Iowa, April 9 /PRNewswire/ -- Bandag, Incorporated


(NYSE: BDG) today reported net sales of $129,481,000 and earnings of $16,589,000 for the first quarter of 1992. This compares to net sales of $125,054,000 and earnings of $13,080,000 reported in the relatively weak first quarter of 1991. Earnings per share of $1.19 were 27 percent higher than the prior year's 94 cents.
 Bandag, Incorporated manufactures retreading materials and equipment for its worldwide network of over 1,200 independent, franchised dealers who produce and market cold process retreads.
 BANDAG, INCORPORATED
 Summary of Operations
 Percent
 Three months ended March 31 1992 1991 Change
 Sales $129,481,000 $125,054,000 4
 Net earnings 16,589,000 13,080,000 27
 Net earnings per share $1.19 $.94 27
 Average shares outstanding 13,931,646 13,905,420
 -0- 4/9/92
 /CONTACT: Thomas E. Dvorchak of Bandag, 319-262-1332/
 (BDG) CO: Bandag Incorporated ST: Iowa IN: SU: ERN


AH-SM -- NY066 -- 6826 04/09/92 13:25 EDT
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Publication:PR Newswire
Date:Apr 9, 1992
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