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HOWARD B. WOLF, INC. ANNOUNCES THIRD QUARTER RESULTS

 HOWARD B. WOLF, INC. ANNOUNCES THIRD QUARTER RESULTS
 DALLAS, March 17 /PRNewswire/ -- Howard B. Wolf, Inc. (AMEX: HBW),


Dallas based women's fashion manufacturer, reported net sales of $2,693,275, income before federal income tax of $174,149 and net income of $108,032, or $.10 per share, for the third quarter ended Feb. 29, 1992. Net sales for the third quarter ended Feb. 28, 1991 were $2,360,490, income before federal income tax was $95,375 and net income was $62,975, or $.06 per share.
 For the nine-month period ended Feb. 29, 1992, net sales were $8,016,457, income before federal income tax was $524,887 and net income totaled $321,250, or $.30 per share. Comparable results for the nine- month period ended Feb. 28, 1991 were net sales of $7,260,933, income before federal income tax of $297,847 and net income of $184,997, or $.18 per share.
 The board of directors declared a dividend of $.05 per share payable April 30, 1992 to shareholders of record on April 7, 1992.
 HOWARD B. WOLF, INC.
 Periods ended Three months Nine months
 2/29/92 2/28/91 2/29/92 9/28/91
 Net sales $ 2,693,275 $ 2,360,490 $ 8,016,457 $ 7,260,933
 Inc. bef. federal
 inc. tax $ 174,149 $ 95,375 $ 524,887 $ 297,847
 Net income $ 108,032 $ 62,975 $ 321,250 $ 184,997
 Net income
 per share $ .10 $ .06 $ .30 $ .18
 Avg. no. of
 shares outstg. 1,056,191 1,056,191 1,056,191 1,056,191
 -0- 3/17/92
 /CONTACT: Eugene K. Friesen of Howard B. Wolf, Inc., 214-823-9941/
 (HBW) CO: Howard B. Wolf, Inc. ST: Texas IN: TEX SU: ERN


SH -- NY085 -- 8867 03/17/92 15:42 EST
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Date:Mar 17, 1992
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