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FUNCO ANNOUNCES FINANCIAL RESULTS FOR THE PERIOD ENDED JAN. 3, 1993

 EDEN PRAIRIE, Minn., Feb. 8 /PRNewswire/ -- Funco, Inc. (NASDAQ: FNCO) today announced financial results for the 13 and 39 weeks ended Jan. 3, 1993.
 13 Weeks Ended 39 Weeks Ended
 1/3/93 12/29/91 1/3/93 12/29/91
 Net sales $8,912,000 $2,801,000 $13,287,000 $4,864,000
 Net income (loss) $704,000 $130,000 $(712,000) $125,000
 Net income (loss)
 per share $.15 $.04 $(.18) $.04
 Weighted average
 number of shares 4,651,646 3,407,626 4,043,436 3,397,369
 At Jan. 3, 1993, the company operated 49 stores including 20 new stores which were opened in the most recent 13 week period, as compared to a total of 10 stores operating at Dec. 29, 1991. The company currently operates 54 stores located in Illinois, Minnesota, Texas and Wisconsin.
 Eden Prairie-based Funco, Inc. is engaged in the business of providing interactive home entertainment, primarily through the purchase and resale of previously played Nintendo and Sega/Genesis video games, along with related hardware and accessories. The company's stock is traded on the NASDAQ system under the symbol FNCO.
 -0- 2/8/93
 /CONTACT: Robert M. Hiben, controller of Funco, 612-946-7202/
 (FNCO)


CO: Funco, Inc. ST: Minnesota IN: REA ENT SU: ERN

AL -- MN019 -- 4315 02/08/93 17:15 EST
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Publication:PR Newswire
Date:Feb 8, 1993
Words:222
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