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COTT CORPORATION - EARNINGS FOR FOURTH QUARTER AND FISCAL YEAR ENDING JANUARY 30, 1993

 TORONTO, April 8 /PRNewswire/ -- Cott Corporation today announced its results for its fourth quarter and fiscal year ending January 30, 1993.
 COTT CORPORATION
 (Canadian $000's)
 Period Ended Three Months Fiscal Year
 1/30/93 1/25/92 1/30/93 1/25/92
 Sales 110,711 36,613 331,551 137,427
 Gross Profit 17,382 7,435 53,936 27,389
 Earnings from
 Operations 5,689 1,608 22,498 11,110
 Income Taxes 2,028 738 9,178 2,512
 Minority Interest 533 (13) 1,520 504
 Equity in Net
 Earnings of Long
 Term Investments 419 -- 996 --
 Net Earnings 3,547 883 12,796 8,094
 Earnings per
 common share
 Basic .14 .04 .51 .42
 Fully Diluted .14 .04 .49 .39
 Net earnings for the fourth quarter were 301 per cent higher than in the similar period in the prior year primarily as a result of a 202 per cent increase in sales. The majority of the sales growth came from increased sales to U.S. based retailers which represented 53 percent of total dollar sales in the quarter. Revenues from Canadian sources for the quarter were up 91 per cent over the fourth quarter of fiscal 1992.
 -0- 4/08/93
 /CONTACT: Fraser D. Latta, vice chairman and chief operating officer of Cott Corporation, 416-672-1900/


CO: Cott Corporation ST: Ontario IN: SU: ERN

LD -- NY082 -- 4425 04/08/93 17:15 EDT
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Date:Apr 8, 1993
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