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DISCUS ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 1992

 DISCUS ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 1992
 BLOOMINGTON, Minn., May 4 /PRNewswire/ -- Discus Corporation, a


Bloomington-based restaurant company today reported net income of $40,209 or $.02 per share for its first quarter ended March 29, 1992, compared to a net loss of $29,205 or $.01 per share for the first quarter ended March 31, 1991. Restaurant sales increased by 7.1 percent to $3,563,382 during the first quarter of 1992 from $3,326,353 during the same period in 1991. The company attributed the profitability and sales during the first quarter of 1992 principally to a major advertising and promotion effort.
 Mike Platt, Discus president stated, "We are pleased to report a profit during the first quarter of our fiscal year, a period which historically is our weakest sales period."
 Discus Corporation operates nine Fuddruckers restaurants in Minneapolis and St. Paul, Minn.; Milwaukee; St. Louis; and Omaha, Neb.
 DISCUS CORPORATION
 CONDENSED STATEMENT OF EARNINGS
 (In thousands, except per share data)
 Three Months Ended
 3/29/92 3/31/91
 Restaurant sales $3,563 $3,326
 Percent change 7.1 --
 Net (loss) $40 $(29)
 Net (loss) per share $0.02 $(0.01)
 Weighted average shares outstanding 2,060 2,060
 -0- 5/4/92
 /CONTACT: Mike Platt, 612-831-2326, ext. 228, or Steve Jones, 612-831-2326, ext. 227, both of Discus/ CO: Discus Corporation ST: Minnesota IN: LEI SU: ERN


AL -- MN010 -- 6157 05/04/92 15:25 EDT
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Publication:PR Newswire
Date:May 4, 1992
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