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NOBILITY HOMES, INC. ANNOUNCES AN 84 PERCENT INCREASE IN THIRD QUARTER SALES

 OCALA, Fla., Aug. 9 /PRNewswire/ -- Nobility Homes, Inc. (NASDAQ: NOBH) today announced sales results for its third quarter ended July 31, 1993. Sales in the third quarter of 1993 increased 84 percent to $3,743,878 as compared to $2,029,840 recorded in the third quarter of fiscal 1992. Sales for the first nine months of fiscal 1993 were $12,554,293, an increase of 76 percent over sales of $7,148,047 for the same period in 1992. Terry Trexler, president, stated, "Our strong sales results continue to reflect an improving market in Florida for our products. With a growing number of exclusive Nobility dealers in the state and continued low interest rates, we are reaching more of the family market buyers. Future plans call for additional emphasis on exclusive dealer locations in other areas of Florida.
 "Business continues to look strong for the fourth quarter of the 1993 fiscal year and the company expects to report a significant increase in sales in that quarter as well," stated Trexler.
 Nobility Homes, Inc. has specialized for the past 26 years in the design and production of quality, affordable, manufactured homes at its two plants located in central Florida.
 -0- 8/9/93
 /CONTACT: John Cramer, treasurer of Nobility Homes, Inc., 904-732-5157/
 (NOBH)


CO: Nobility Homes, Inc. ST: Florida IN: CST SU:

AW-RC -- FL006 -- 0834 08/09/93 15:09 EDT
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Publication:PR Newswire
Date:Aug 9, 1993
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