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INTERNATIONAL DAIRY QUEEN (IDQ) ANNOUNCES YEAR-END RESULTS

 INTERNATIONAL DAIRY QUEEN (IDQ) ANNOUNCES YEAR-END RESULTS
 MINNEAPOLIS, Jan. 20 /PRNewswire/ -- International Dairy Queen (NASDAQ: INDQA) today announced that earnings for the year ended Nov. 30, 1991, increased to $27,921,275 ($1.05 per share) as compared with $26,513,145 ($.97 per share) for 1990. Per share amounts are based on common and common equivalent shares outstanding of 26,587,568 in 1991 and 27,426,549 in 1990.
 Revenues for fiscal 1991 increased to $288,823,374 from $283,105,267 in 1990.
 Operations for the fourth quarter ended Nov. 30, 1991, resulted in income of $5,135,058 (20 cents per share) as compared with $4,763,662 (18 cents per share) for the corresponding quarter of 1990. Revenues for the fourth quarter were $59,748,852 compared to $55,538,532 for the fourth quarter ended in 1990. Per share amounts are based on the common and common equivalent shares outstanding of 26,315,450 for the fourth quarter of 1991 as compared to 26,976,348 for the fourth quarter of 1990.
 IDQ develops, licenses and services a system of more than 5,300 "Dairy Queen" stores in the United States, Canada and other foreign countries featuring hamburgers, hot dogs, various dairy desserts and beverages; more than 500 "Orange Julius" stores in the United States, Canada and other foreign countries, featuring blended drinks made from oranges and other fruit flavors, along with various snack items; more than 120 "Karmelkorn" stores featuring popcorn and other treat items; and more than 50 "Golden Skillet" stores featuring fried chicken.
 INTERNATIONAL DAIRY QUEEN
 FINANCIAL INFORMATION
 Year Ended
 11/30/91 11/30/90
 Revenues $288,823,374 $283,105,267
 Earnings 27,921,275 26,513,145
 Earnings per share $1.05 $0.97
 Common and common equivalent
 shares outstanding 26,587,568 27,426,549
 Fourth Quarter Ended
 11/30/91 11/30/90
 Revenues $59,748,852 $55,538,532
 Earnings 5,135,058 4,763,662
 Earnings per share $0.20 $0.18
 Common and common equivalent
 shares outstanding 26,315,450 26,976,348
 -0- 1/20/92
 /CONTACT: Frank L. Heit, 612-830-0316, or David M. Bond, 612-830-0348, both of International Dairy Queen/
 (INDQA) CO: International Dairy Queen ST: Minnesota IN: FOD SU: ERN


AL -- MN010 -- 1512 01/20/92 16:10 EST
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Publication:PR Newswire
Date:Jan 20, 1992
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