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LESCO REPORTS THIRD QUARTER RESULTS

 LESCO REPORTS THIRD QUARTER RESULTS
 CLEVELAND, Oct. 22 /PRNewswire/ -- LESCO, Inc. (NASDAQ: LSCO)


increased sales by 7.3 percent to $38,366,800 for the third quarter ended Sept. 30, 1992 and earned $967,800, or 22 cents a share, it was announced today by James I. FitzGibbon, chairman and chief executive officer.
 In the same three months a year ago, the company had sales of $35,768,000 and earnings of $1,505,400, or 37 cents a share.
 "The increase in sales for the quarter is primarily the result of the growth of our commercial turf product stores. However, the combination of conditions unfavorable to good sales growth throughout our major marketing areas and the general economic slowdown has slowed sales of fertilizers and other turf products. This has resulted in less sales growth and lower earnings than anticipated," FitzGibbon said.
 Sales for the nine months ended Sept. 30, 1992 were up 9.9 percent to $112,550,000 from year-ago nine months sales of $102,382,300. Net earnings were $3,183,400, or 74 cents a share, up 29.3 percent from the year-ago nine months net earnings of $2,462,200, or 60 cents a share. Results for 1991 have been recast to reflect a change in the company's fiscal year from Nov. 30 to Dec. 31.
 LESCO has more than 80 lawn care stores for commercial and retail customers in 26 states, and serves golf courses through a fleet of 51 tractor-trailer "stores-on-wheels." The company, which serves more than 60,000 customers nationally, also has lawn care sales specialists and telemarketing sales. LESCO manufactures and sells its own brand of fertilizers, turf protection products and turfcare equipment.
 LESCO, INC.
 Third Quarter and Nine Month Results (Unaudited)
 Three Months
 Period ended September 30 1992 1991 (A)
 Sales $38,366,763 $35,768,038
 Net Income 967,830 1,505,351
 Earnings Per Share .22 .37
 Weighted Average Number of
 Common and Common Equivalent
 Shares Outstanding 4,315,988 4,139,307
 Nine Months
 Period ended September 30 1992 1991 (A)
 Sales $112,550,005 $102,382,261
 Net Income 3,183,364 2,462,234
 Earnings Per Share .74 .60
 Weighted Average Number of
 Common and Common Equivalent
 Shares Outstanding 4,285,551 4,120,362
 BALANCE SHEET HIGHLIGHTS 1992 1991
 Working Capital $59,531,166 $45,365,122
 Total Assets 95,842,278 88,377,712
 Long Term Debt 49,442,934 37,401,592
 Shareholders' Equity 28,538,122 25,013,888
 (A) -- 1991 results have been recast to show change in the fiscal year to a calendar year.
 -0- 10/22/92
 /CONTACT: Daniel G. Dunstan of LESCO, Inc., 216-333-9250/
 (LSCO) CO: LESCO, Inc. ST: Ohio IN: SU: ERN


KK -- CL023 -- 3684 10/22/92 13:54 EDT
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Date:Oct 22, 1992
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