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CAGLE'S INC. REPORTS RESULTS

 ATLANTA, Jan. 28 /PRNewswire/ -- Earnings for Cagle's Inc.'s (AMEX: CGLA) quarter and 40 weeks ended Jan. 2 are as follows:
 (In thousands except per-share amounts)
 Period ended 14 wks. 13 wks. 40 wks. 39 wks.
 1/2/93 12/28/91 1/2/93 12/28/91
 Net sales $73,016 $50,852 $204,766 $153,683
 Net income $ 1,475 $ 140 $ 3,638 $ 1,258
 Net income per common share $.70 $.07 $1.73 $.58
 Shares used in per share
 calculation - weighted
 average 2,109 2,123 2,109 2,162
 Improved revenue and earnings are attributed to increased volume, 52.2 percent and 34.8 percent respectively for the quarter and 40-week period. Of this increase, 11.9 percent and 2.6 percent respectively are due to the extra week included in the quarter and year-to-date totals. Selling prices were also up by 8.6 percent and 3.7 percent respectively for the quarter and 40-week period. These factors, coupled with lower grain prices, were major factors contributing to improved earnings.
 -0- 1/28/93
 /CONTACT: Kenneth R. Barkley, secretary-treasurer/CFO of Cagle's, 404-355-2820/
 (CGLA)


CO: Cagle's, Inc. ST: Georgia IN: FOD SU: ERN

BN-BR -- AT004 -- 0050 01/28/93 08:42 EST
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Publication:PR Newswire
Date:Jan 28, 1993
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