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HUDSON FOODS POSTS THIRD-QUARTER AND NINE-MONTH RESULTS

 HUDSON FOODS POSTS THIRD-QUARTER AND NINE-MONTH RESULTS
 ROGERS, Ark., July 28 /PRNewswire/ -- Hudson Foods, Inc., (NYSE: HFI), one of the nation's largest poultry producers and food processors headquartered in Rogers, today announced results for the period ended July 4, 1992.
 Net income for the third quarter was $3.0 million, or 21 cents in primary and fully diluted earnings per share. This is down slightly from last year's third quarter net income of $3.1 million, or 21 cents in primary and fully diluted earnings per share. Sales for the quarter were $199.5 million compared with $200.1 million, one year ago.
 Nine month profits were $385,000, or three cents per share, down from the year-earlier profits of $4.5 million, or 31 cents per share. Sales climbed 7.3 percent to $603.0 million from 1991's nine month total of $562.0 million.
 Hudson Foods, Inc. sells a variety of chicken and turkey products under the "Hudson", "Flavor Fresh" and "Hudson Deli-Meister" brand names, as well as poultry, beef and pork products under the "Ohse", "Schweigert", "Pierre" and "Roegelein" brand names.
 HUDSON FOODS, INC.
 Financial Highlights
 (In thousands, except per share data)
 (Unaudited)
 Three Months Ended
 July 4, 1992 June 29, 1991
 Sales $199,510 $200,114
 Net income 3,016 3,082
 Earnings per share:
 Primary 0.21 0.21
 Fully diluted 0.21 0.21
 Shares used in earnings
 per share computations:
 Primary 14,480,933 14,364,280
 Fully diluted 14,480,933 14,365,600
 Nine Months Ended
 July 4, 1992 June 29, 1991
 Sales $602,989 $562,013
 Net income 385 4,490
 Earnings per share:
 Primary 0.03 0.31
 Fully diluted 0.03 0.31
 Shares used in earnings
 per share computations:
 Primary 14,516,433 14,573,599
 Fully diluted 14,516,433 14,627,069
 -0- 7/28/92
 /CONTACT: Tom Reynolds, assistant secretary and Assistant Treasurer of Hudson Foods, 501-631-5177/
 (HFI) CO: Hudson Foods Inc. ST: Arkansas IN: FOD SU: ERN


SH -- NY013 -- 3875 07/28/92 09:06 EDT
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Publication:PR Newswire
Date:Jul 28, 1992
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