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DART GROUP CORPORATION ANNOUNCES EARNINGS

 DART GROUP CORPORATION ANNOUNCES EARNINGS
 LANDOVER, Md., April 23 /PRNewswire/ -- Herbert H. Haft, chairman of


Dart Group Corporation (NASDAQ: DARTA), announced income before extraordinary items for the fiscal year ended Jan. 31, 1992 was $6,311,000 or $3.46 per share compared to $8,150,000 or $4.36 per share in the prior year. Net income for the fiscal year ended Jan. 31, 1992 was $4,722,000 or $2.59 per share compared with $8,254,000 or $4.42 per share in the prior year.
 Income before extraordinary items for the quarter ended Jan. 31, 1992 was $3,869,000 or $2.13 per share compared with income of $59,000 or $.03 per share in the prior year. Net income for the quarter ended Jan. 31, 1992 was $2,603,000 or $1.43 per share compared with net income of $154,000 or $.08 per share in the prior year.
 Revenue for the fiscal year increased to $1,195,148,000 from $1,083,583,000 for the same period last year while revenue for the quarter increased to $330,783,000 from $302,457,000 for the same period last year.
 DART GROUP CORPORATION AND SUBSIDIARIES
 (In Thousands, Except Earnings Per Share)
 Periods ended Fiscal Year Quarter
 Jan. 31 1992 1991 1992 1991
 Revenue $1,195,148 $1,083,583 $330,783 $302,457
 Income before
 extraord. items 6,311 8,150 3,869 59
 Extraordinary items:
 Income (loss) on
 reacquisition of
 debentures, net
 of income tax
 benefit in fiscal
 1991 and 1992 (1,589) 104 (1,266) 95
 Net Income $4,722 $8,254 $2,603 $154
 Earnings Per Common
 Share and Common
 Share Equivalent:
 Income before
 extraord. items $3.46 $4.36 $2.13 $.03
 Extraordinary Items:
 Income (loss) on
 reacquisition of
 debentures (.87) .06 (.70) .05
 Net Income $2.59 $4.42 $1.43 .08
 Weighted average shares
 outstanding 1,825 1,866 1,820 1,824
 -0- 4/23/92
 /CONTACT: Stanley Rubenstein, 212-297-6108, for Dart Group/
 (DARTA) CO: Dart Group Corporation ST: Maryland IN: REA SU: ERN AH-HM -- NY003 -- 2085 04/23/92 16:09 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 23, 1992
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