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INTERNATIONAL DAIRY QUEEN ANNOUNCES YEAR-END RESULTS

 MINNEAPOLIS, Jan. 14 /PRNewswire/ -- International Dairy Queen (IDQ) (NASDAQ-NMS: INDQA) today announced that earnings fro the year ended Nov. 30, 1992, increased to $29,094,668 ($1.12 per share) as compared with $27,921,275 ($1.05 per share) for 1991. Per share amounts are based on common and common equivalent shares outstanding of 26,036,321 in 1992 and 26,587,568 in 1991.
 Revenues for fiscal 1992 increased to $297,109,824 from $288,823,374 in 1991.
 Operations for the fourth quarter ended Nov. 30, 1992, resulted in income of $5,478,587 (21 cents per share) as compared with $5,135,058 (20 cents per share) for the corresponding quarter of 1991. Revenues for the fourth quarter were $62,026,066 compared to $59,748,852 for the fourth quarter ended in 1991. Per share amounts are based on the common and common equivalent shares outstanding of 25,693,045 for the fourth quarter of 1992 as compared to 26,315,450 for the fourth quarter of 1991.
 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 and more than 100 "Karmelkorn" stores featuring popcorn and other treat items.
 INTERNATIONAL DAIRY QUEEN (IDQ)
 Financial Information
 Year Ended
 11/30/92 11/30/91
 Revenues $297,109,824 $288,823,374
 Earnings $29,094,668 $27,921,275
 Earnings per share $1.12 $1.05
 Common and common equivalent
 shares outstanding 26,036,321 26,587,568
 Fourth Quarter
 11/30/92 11/30/91
 Revenues $62,026,066 $59,748,852
 Earnings $5,478,587 $5,135,058
 Earnings per share $.21 $.20
 Common and common equivalent
 shares outstanding 25,693,045 26,315,450
 -0- 1/14/93
 /CONTACT: Frank L. Heit of International Dairy Queen, 612-830-0316/
 (INDQA)


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

AL -- MN007 -- 4815 01/14/93 11:02 EST
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Date:Jan 14, 1993
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