Printer Friendly

DART GROUP ANNOUNCES EARNINGS

 DART GROUP ANNOUNCES EARNINGS
 LANDOVER, Md., June 10 /PRNewswire/ -- Herbert H. Haft, chairman of


Dart Group Corporation (NASDAQ: DARTA), announced net income for the quarter ended April 30, 1992 increased to $2,425,000 or $1.32 per share compared to a net loss of $(554,000) or $(.30) per share for the same period last year.
 Revenue for the quarter increased to $300,413,000 from $267,476,000 for the same period last year.
 The corporation also announced today that it is redeeming the remaining $29,120,000 of principal amount of its 14 percent subordinated debentures due 1995. The redemption is 101.857 percent of the principal amount and the redemption date has been tentatively set for July 3, 1992.
 Dart owns approximately 53 percent of Crown Books, 69 percent of Trak Auto, 50 percent of Shopper's Food Warehouse and 100 percent of Dart Group Financial and Cabot-Morgan Real Estate Corp.
 DART GROUP CORPORATION AND SUBSIDIARIES
 Three months ended April 30, 1992 1991
 Revenue $300,413,000 $267,476,000
 Net (loss) income 2,425,000 (554,000)
 Earnings (loss) per share $1.32 $(.30)
 Weighted average shares outstanding 1,835,000 1,848,000
 -0- 6/10/92
 /CONTACT: Stanley Rubenstein, 212-986-6108, for Dart Group/
 (DARTA) CO: Dart Group Corporation ST: Maryland IN: SU: ERN


SH-SM -- NY062 -- 8939 06/10/92 16:02 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 10, 1992
Words:228
Previous Article:TRAK AUTO ANNOUNCES EARNINGS
Next Article:NATIONAL DAIRY COUNCIL RESPONDS TO SOKOLOF AD
Topics:


Related Articles
DART GROUP CORPORATION ANNOUNCES SALES
DART GROUP CORPORATION ANNOUNCES SALES
DART GROUP ANNOUNCES EARNINGS
DART GROUP CORPORATION ANNOUNCES EARNINGS
DART GROUP CORPORATION ANNOUNCES SALES
DART GROUP CORPORATION ANNOUNCES SALES
DART GROUP ANNOUNCES EARNINGS
DART GROUP ANNOUNCES EARNINGS
DART GROUP ANNOUNCES EARNINGS
Dart Group Announces Earnings

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters