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INTERNATIONAL DAIRY QUEEN ANNOUNCES SECOND QUARTER RESULTS

 MINNEAPOLIS, July 2 /PRNewswire/ -- International Dairy Queen (IDQ) today announced that earnings for the second quarter ended May 28, 1993, increased to $8,727,272 ($.35 per share) as compared with $8,674,248 ($.33 per share) for the comparable period in 1992. Per-share amounts are based on the common and common equivalent shares outstanding of 25,217,290 for the second quarter of 1993 and 26,191,120 for the comparable period in 1992.
 Revenues for the second quarter of 1993 were $87,332,016 compared to $86,471,703 for the second quarter of 1992.
 Operations for the six months ended May 28, 1993 resulted in earnings of $13,274,883 ($.52 per share) compared to earnings of $13,080,326 ($.50 per share) for the comparable period in 1992. Per share amounts are based on common and common equivalent shares outstanding of 25,351,437 in 1993 and 26,236,235 in 1992.
 Revenues for the six-month period were $145,707,351 compared to $143,136,500 for the first six months of 1992.
 IDQ develops, licenses, and services a system of more than 5,400 "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 orange juice, fruits and other fruit flavors, along with various snack items; and more than 100 "Karmelkorn" stores featuring popcorn and other treat items.
 INTERNATIONAL DAIRY QUEEN
 FINANCIAL INFORMATION
 Second Quarter
 1993 1992
 Revenues $87,332,016 $86,471,703
 Earnings $8,727,272 $8,674,248
 Earnings per share $.35 $.33
 Common and common equivalent
 shares outstanding 25,217,290 26,191,120
 Six Months
 1993 1992
 Revenues $145,707,351 $143,136,500
 Earnings $13,274,883 $13,080,326
 Earnings per share $.52 $.50
 Common and common equivalent
 shares outstanding 25,351,437 26,236,235
 -0- 7/2/93
 /CONTACT: Frank L. Heit of International Dairy Queen, 612-830-0316/


CO: International Dairy Queen ST: Minnesota IN: REA SU: ERN

KH -- MN005 -- 8102 07/02/93 11:16 EDT
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Publication:PR Newswire
Date:Jul 2, 1993
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