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BIG B ANNOUNCES QUARTERLY EARNINGS

 BIG B ANNOUNCES QUARTERLY EARNINGS
 BESSEMER, Ala., May 26 /PRNewswire/ -- Big B, Inc. (NASDAQ: BIGB)


announced today that it had once again achieved record sales and earnings for its first quarter.
 Net earnings for the 14-week quarter which ended May 9 rose 39.0 percent to $2,654,000 from $1,909,000 in the prior year. Earnings per share rose 40.0 percent to $.35 from $.25 in the first quarter of the prior year.
 In an address to shareholders at the Big B annual meeting, Anthony Bruno, president, stated that he was pleased with the strong earnings results and noted that this makes six consecutive quarters of earnings increases. Bruno stated that he is optimistic that the excellent results of the first quarter will continue throughout the year.
 Sales for the quarter rose to a record $137,157,000, up 3.4 percent from the prior year. This increase was achieved even though Big B currently operates six fewer stores than in the prior period.
 Big B's board of directors expressed their continued confidence in Big B's outlook for the future by approving a $.05 quarterly dividend payable June 19 to shareholders of record on June 5.
 Bruno stated that the company plans eight to 10 store openings for the current year as Bib B moves forward with its store expansion program.
 Big B, Inc. operates stores in Alabama (147), Florida (20), Georgia (109), Mississippi (nine) and Tennessee (19).
 5/9/92 5/11/91
 Sales $137,157,000 $132,681,000
 Net income $ 2,654,000 $ 1,909,000
 Net earnings per share $ .35 $ .25
 Average shares outstanding 7,671,000 7,614,000
 -0- 5/26/92
 /CONTACT: Arthur M. Jones Sr. of Big B, 205-424-3421, ext. 202/
 (BIGB) CO: Big B, Inc. ST: Alabama IN: REA SU: ERN DIV


EA-BR -- AT007 -- 3742 05/26/92 11:55 EDT
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Publication:PR Newswire
Date:May 26, 1992
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