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BANDAG REPORTS SALES AND EARNINGS FOR THIRD QUARTER 1992

 BANDAG REPORTS SALES AND EARNINGS FOR THIRD QUARTER 1992
 MUSCATINE, Iowa, Oct. 8 /PRNewswire/ -- Bandag, Incorporated (NYSE: BDG) today reported consolidated net sales of $154,314,000 for the third quarter of 1992. This compares to $150,667,000 in the third quarter of 1991. Net earnings for the third quarter of 1992 were $22,401,000 compared to $22,510,000 a year ago, while earnings per share of $.81 were the same as last year's.
 For the nine months, consolidated net sales were $430,519,000 compared to $420,827,000 in the prior year. Net earnings were $60,587,000 compared to $53,973,000 in the prior year, and earnings per share of $2.18 were 12 percent above the prior year's $1.94.
 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
 Three months ended Sept. 30 1992 1991 Pct. Change
 Sales $154,314,000 $150,667,000 2
 Net earnings 22,401,000 22,510,000 --
 Net earnings per share .81 .81 --
 Nine months ended Sept. 30 1992 1991 Pct. Change
 Sales $430,519,000 $420,827,000 2
 Net earnings 60,587,000 53,973,000 12
 Net earnings per share 2.18 1.94 12
 Average shares outstanding 27,843,811 27,816,060 --
 -0- 10/8/92
 /CONTACT: Thomas E. Dvorchak of Bandag, Incorporated, 319-262-1332/
 (BDG) CO: Bandag, Incorporated ST: Iowa IN: SU: ERN


TS-OS -- NY049 -- 7840 10/08/92 12:11 EDT
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Publication:PR Newswire
Date:Oct 8, 1992
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