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HOLIDAY RV SUPERSTORES ANNOUNCES THIRD QUARTER EARNINGS

 HOLIDAY RV SUPERSTORES ANNOUNCES THIRD QUARTER EARNINGS
 ORLANDO, Fla., Sept. 16 /PRNewswire/ -- Holiday RV Superstores,


Inc., (NASDAQ: RVEE) today announced a 78 percent improvement in earnings for the quarter ending July 31, 1992, losing $57,055 compared to last year's loss of $261,060. Chief Financial Officer Hardee McAlhaney commented:
 "The primary factor in the improved earnings was a $250,000 write down in the value of inventory made last year, not recorded this year." McAlhaney also added, "Total revenues for the quarter were down 10.7 percent. The sale of motorized recreational vehicles continues to lag well behind last year for the Southeastern United States, particularly for our primary marketing area, the state of Florida. According to RV Business state registrations for new motorized recreational vehicles for the South Atlantic Region are down an average of 13.3 percent for the first five months of our fiscal year. However, we are now experiencing an increase in sales, due to the demand created by Hurricane Andrew. It's too early to evaluate the impact, however, it appears to be having a significant effect on our fourth quarter performance."
 HOLIDAY RV SUPERSTORES, INC.
 Quarter Ending Quarter Ending
 July 31, 1992 July 31, 1991
 Total Revenue $ 7,907,174 $ 8,856,684
 Net Income (Loss) ($ 57,055) ($ 261,060)
 Common Shares Outstanding 7,340,000 7,340,000
 Earnings (Loss) Per Share ($ 0.008) ($ 0.036)
 Nine Months Ending Nine Months Ending
 July 31, 1992 July 31, 1991
 Total Revenue $ 27,809,603 $ 27,912,491
 Net Income (Loss) ($ 34,526) ($ 278,420)
 Common Shares Outstanding 7,340,000 7,340,000
 Earnings (Loss) Per Share ($ 0.005) ($ 0.038)
 -0- 9/16/92
 /CONTACT: Newton C. Kindlund or W. Hardee McAlhaney of Holiday RV Superstores, Inc., 407-363-9211/
 (RVEE) CO: Holiday RV Superstores, Inc. ST: Florida IN: LEI SU: ERN


JB-AW -- FL011 -- 0068 09/16/92 11:32 EDT
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Publication:PR Newswire
Date:Sep 16, 1992
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