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COTT CORPORATION REPORTS EARNINGS FOR FIRST QUARTER ENDING MAY 1, 1993

 TORONTO, June 8 /PRNewswire/ -- Cott Corporation (NASDAQ-NMS: COTTF) today announced its results for its first quarter ending May 1, 1993.
 COTT CORPORATION
 (In thousands of Canadian dollars, except per share figures)
 May 1, 1993 April 25, 1992
 Sales 129,461 51,062
 Gross profit 24,210 9,192
 Earnings from operations 11,214 4,215
 Income taxes 4,489 1,783
 Minority interest 989 359
 Equity in net earnings of
 long-term investments 16 --
 Net earnings 5,752 2,073
 Earnings per common share
 Basic .21 .09
 Fully diluted .20 .08
 Earnings per common share
 in conformity with U.S. GAAP
 Primary .20 .09
 Fully diluted .20 .08
 Net earnings for the first quarter were 177 percent higher than in the similar period in the prior year primarily as a result of a 154 percent increase in sales. The majority of the sales growth came from increased sales to United States based retailers which represented 54 percent of total dollar sales in the quarter. Canadian soft drink sales for the quarter were up 64 percent over the first quarter of fiscal 1992.
 -0- 6/8/93
 /CONTACT: Fraser D. Latta, vice chairman and chief operating officer of Cott Corporation, 416-672-1900/
 (COTTF)


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

TS -- NY065 -- 6653 06/08/93 15:23 EDT
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Date:Jun 8, 1993
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