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JG INDUSTRIES REPORTS NET SALES

 JG INDUSTRIES REPORTS NET SALES
 CHICAGO, April 24 /PRNewswire/ -- JG Industries, Inc. (NASDAQ: JGIN)


reported today net sales for the year ended Jan. 25, 1992 of $207,350,000. This compares with net sales in the prior year of $201,809,000. The net loss reported was $1,500,000 as compared with net income in the prior year of $510,000. In the current year, the net loss applicable to each common share (after preferred stock dividends) was $0.48 as compared with a net loss (after preferred stock dividends) of $0.12 in the prior year.
 JG Industries, Inc. is a Chicago-based retailing concern that operates, through its various subsidiaries, 13 Goldblatt's Department Stores in the Chicago metropolitan area, 10 Huffman Koos furniture stores in New Jersey and New York and 120 specialty shoe stores in seven states.
 -0- 4/24/92
 /CONTACT: Tom Pabst of JG Industries, 312-787-0022/
 (JGIN) CO: JG Industries, Inc. ST: Illinois IN: REA SU: ERN


TQ -- NY064 -- 2512 04/24/92 13:35 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:171
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