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F&M DISTRIBUTORS ANNOUNCES FOURTH-QUARTER AND ANNUAL SALES

 WARREN, Mich., Feb. 17 /PRNewswire/ -- F&M Distributors, Inc. (NASDAQ: FMDD) announced that its sales for the fourth quarter ended Jan. 30, 1993, were $190,022,000, a 7.3-percent increase over the prior year.
 Sales for the year ended Jan. 30, 1993, were $736,925,000, an increase of 9.3 percent over the prior year.
 Frank Newman, chief executive officer, noted that, "Fourth-quarter sales in the company's core health and beauty care departments were strong, while sales of pet products, housewares and disposable diapers were soft. Gross margins for both the quarter and year were above expectations."
 The company will release its earnings for the fourth quarter and year in April when year-end audits are complete.
 F&M Distributors currently operates 116 F&M deep discount superstores in 10 states, offering a wide selection of branded health and beauty aids, cosmetics and fragrances and household supplies at everyday low prices. In addition, the company operates two PartiGiant deep discount party supply superstores in Michigan.
 -0- 2/17/93
 /CONTACT: Laura Kendall, chief financial officer/senior vice president, F&M Distributors, 313-758-1400, Ext. 251; or Susan Haddad of Brogan & Partners, 313-874-8564, for F&M Distributors/
 (FMDD)


CO: F&M Distributors ST: Michigan IN: REA SU:

JG -- DE008 -- 7192 02/17/93 09:48 EST
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Publication:PR Newswire
Date:Feb 17, 1993
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