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ESKIMO PIE CORPORATION REPORTS SECOND QUARTER EARNINGS

 ESKIMO PIE CORPORATION REPORTS SECOND QUARTER EARNINGS
 RICHMOND, Va., July 23 /PRNewswire/ -- Eskimo Pie Corporation


(NASDAQ-NMS: EPIE) today reported consolidated sales for the quarter ended June 30, 1992, of $22,340,000, up six percent from sales of $21,024,000 for the second quarter of 1991. Net income was $1,932,000, or $.54 per common share on average outstanding shares of 3,609,000 for the quarter, compared with $1,635,000, or $.49 per share on average outstanding shares of 3,316,000 for the second quarter in 1991.
 Sales for the first six months of 1992 were $37,445,000, up seven percent from sales of $34,852,000 for the same period of 1991. Net income for the first six months of 1992 was $2,843,000 or $.82 per share on average outstanding shares of 3,466,000. Net income for the first six months of 1991 was $2,337,000 or $.70 per share on average outstanding shares of 3,316,000.
 "Continued strong performance on our existing product lines, coupled with successful new product introductions in both our Sugar Freedom Eskimo Pie and Welch's brands were key contributors to revenue growth during this peak quarter," said David V. Clark, president and chief executive officer. "Additionally," Clark added, "holding general and administrative costs constant to year ago levels contributed to our improved net profit for the second quarter."
 -0- 7/23/92
 /CONTACT: J.L. Cheatham, Eskimo Pie Corporation, 804-287-5359/ CO: Eskimo Pie Corporation ST: Virginia IN: REA SU: ERN


JZ -- CH019 -- 2666 07/23/92 15:23 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
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