Printer Friendly

NOBILITY HOMES, INC. STATEMENTS OF OPERATIONS (Unaudited)

 NOBILITY HOMES, INC.
 STATEMENTS OF OPERATIONS
 (Unaudited)
 OCALA, Fla., June 11 /PRNewswire/ -- Nobility Homes, Inc. (NASDAQ: NOBH) today released their second quarter 1992 earnings as follows:
 Three Months Ended Six Months Ended
 May 2, April 27, May 2, April 27,
 1992 1991 1992 1991
 Net sales $ 815,993 $ 987,757 $2,224,994 $2,153,033
 Net sales --
 related parties 1,221,783 828,735 2,893,213 2,324,947
 Total sales 2,037,776 1,816,492 5,118,207 4,477,980
 Cost of
 goods sold 1,953,417 1,656,906 4,553,604 3,972,528
 Gross profit 84,359 159,586 564,603 505,452
 Selling, general
 and administrative
 expenses 211,780 173,542 381,367 431,676
 (127,421) (13,956) 183,236 73,776
 Other income:
 Gain on sale of
 limited
 partnership
 interest -- 15,000 -- 15,000
 Gain on sale of
 fixed assets 13,100 -- 13,100 --
 Interest income 34,468 1,484 38,329 8,841
 Interest expense (4,050) (4,050) (8,100) (8,100)
 Miscellaneous 3,056 12,461 15,290 13,860
 46,574 24,895 58,619 29,601
 (80,847) 10,939 241,855 103,377
 Provision for
 doubtful accounts --
 related parties (111,922) -- (282,898) --
 Income before
 provision for
 income taxes
 and extraordinary
 item (192,769) 10,939 (41,043) 103,377
 Provision for
 income taxes -- 1,700 -- 43,400
 Income before
 extraordinary
 item (192,769) 9,239 (41,043) 59,977
 Extraordinary item
 resulting from
 tax benefit from
 utilization of net
 operating loss
 carryforward -- 1,700 -- 43,400
 Net (loss)
 income (192,769) 10,939 (41,043) 103,377
 Retained earnings,
 beginning of
 period 3,281,142 4,633,438 3,129,416 4,541,000
 Retained earnings,
 end of period $3,088,373 $4,644,377 $3,088,373 $4,644,377
 Net (loss)
 income per share (.19) .01 (.04) .10
 Shares
 outstanding 1,034,838 1,051,338 1,034,838 1,051,338
 -0- 6/17/92
 /CONTACT: John Cramer, treasurer of Nobility Homes, Inc., 904-732-5157/
 (NOBH) CO: Nobility Homes, Inc. ST: Florida IN: CST SU: ERN


AW-JB -- FL014 -- 1214 06/17/92 16:25 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 17, 1992
Words:365
Previous Article:JEWELMASTERS REPORTS FIRST QUARTER RESULTS
Next Article:MEXICO FUND DECLARES DIVIDEND
Topics:


Related Articles
NOBILITY HOMES, INC. STATEMENTS OF OPERATIONS for the years ended Nov. 2, 1991, Oct. 27, 1990, and Oct 28, 1989
NOBILITY HOMES REPORTS THIRD QUARTER EARNINGS
NOBILITY HOMES, INC. ANNOUNCES IMPROVEMENT IN SECOND QUARTER 1993 SALES AND EARNINGS
NOBILITY HOMES, INC. ANNOUNCES OUTSTANDING FOURTH QUARTER AND YEAR END SALES AND PROPOSED ACQUISITION
NOBILITY HOMES, INC. SIX MONTHS' NET INCOME UP 75%, BACKLOG HITS RECORD LEVELS, AND BALANCE SHEET SHOWS STRONG CASH POSITION
NOBILITY HOMES, INC. ANNOUNCES 18% INCREASE IN THIRD QUARTER SALES
NOBILITY HOMES, INC. ANNOUNCES 18% INCREASE IN SALES AND 83% INCREASE IN EARNINGS FOR ITS THIRD QUARTER
Nobility Homes, Inc. Announces 27% Increase In Third Quarter Sales
Nobility Homes, Inc. Announces Increase In Second Quarter And Six Months' Sales And Earnings
Nobility Homes, Inc. Announces Increase In Third Quarter And Nine Months Sales And New Mortgage Financing Joint Venture

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters