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DISCUS ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 1992

 DISCUS ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 1992
 BLOOMINGTON, Minn., Aug. 10 /PRNewswire/ -- Discus Corporation, a


Bloomington-based restaurant company today reported net income of $61,212 or $.03 per share for its second quarter ended June 28, 1992, compared to net income of $106,394 or $.05 per share for the second quarter of 1991. Restaurant sales decreased by 2.4 percent to $3,430,901 during the second quarter of 1992 from $3,514,970 during the same period in 1991.
 For the first six months of 1992 the company earned net income of $101,421 or $.05 per share compared to net income of $77,156 or $.04 per share for the same period in 1991. Sales increased 2.2 percent to $6,994,283 for the first six months of 1992 from $6,841,323 in the year- ago 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 Six Months Ended
 6/28/92 6/30/91 6/28/92 6/30/91
 Restaurant sales $3,432 $3,515 $6,994 $6,841
 Percent change -2.4 -- 2.2 --
 Net income $61 $106 $101 $77
 Net income per share $.03 $.05 $.05 $.04
 Weighted average shares
 outstanding 2,060 2,060 2,060 2,060
 -0- 8/10/92
 /CONTACT: Mike Platt or Steve Jones, both of Discus, 612-831-2326, ext. 228 or 227/ CO: Discus Corporation ST: Minnesota IN: LEI SU: ERN


KH -- MN012 -- 8588 08/10/92 14:42 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Aug 10, 1992
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