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LUND INTERNATIONAL HOLDINGS ANNOUNCES SALES AND EARNINGS FOR THE FOURTH QUARTER, JUNE 30, 1992

 LUND INTERNATIONAL HOLDINGS ANNOUNCES SALES AND EARNINGS
 FOR THE FOURTH QUARTER, JUNE 30, 1992
 MINNEAPOLIS, Aug. 10 /PRNewswire/ -- Lund International Holdings, Inc. (NASDAQ: LUND), announced net sales for the fourth quarter of $4,739,486, compared to $3,878,775 for the same period last year. Net sales for the years ended June 30, 1992 and 1991 were $16,524,317 and $13,292,535 respectively. Net income for the year ended June 30, 1992, was $2,002,126 or 47 cents per share, compared to $507,715, or 11 cents per share, for 1991.
 The increase in net sales for the year resulted primarily from increased sales of sun visors and bug and stone shields together with a recovery in the aftermarket truck accessory business.
 The increase in net income for the year improved due to higher gross margins, reduced operating expenses and the full year favorable impact of closing the Canadian facility in 1991.
 One hundred percent of sales came from Lund Industries, incorporated, a subsidiary of Lund International Holdings, Inc. Lund Industries, Incorporated is a manufacturer of aftermarket accessories for trucks and vans. Its product line is marketed through automotive warehouse distributors throughout the United States and Canada.
 The company is headquartered at 9055 Evergreen Boulevard, Minneapolis, Minn., 55433.
 LUND INTERNATIONAL HOLDINGS, INC.
 Comparative Condensed Financial Information
 Quarter Ended Year Ended
 6/30/92 6/30/91 6/30/92 6/30/91
Net Sales $4,739,486 $3,878,775 $16,524,317 $13,292,535
Percentage Change 22 -- 24 --


Income before
 taxes 1,053,282 109,079 3,204,254 865,715
Income taxes 413,450 79,042 1,202,128 358,000
Net income 639,832 30,037 2,002,126 507,715
Percentage change NM -- 294 --
Net/Share $.15 $.01 $.47 $.11
 -0- 8/10/92
 /CONTACT: Thomas E. Cooke, Lund International Holdings, 612-780-2520/
 (LUND) CO: Lund International Holdings, Inc. ST: Minnesota IN: SU: ERN


RW-KH -- MN017 -- 8703 08/10/92 17:19 EDT
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Publication:PR Newswire
Date:Aug 10, 1992
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