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OMC EXPECTS REDUCED FIRST QUARTER RESULTS

 WAUKEGAN, Ill., Dec. 21 /PRNewswire/ -- Outboard Marine Corp. (NYSE: OM) ("OMC") said today that it expects cautious dealer buying, coupled with sales incentive programs that moved some sales into the prior quarter, to lower the company's financial performance in its 1993 first quarter, which ends Dec. 31.
 OMC usually incurs a net loss in its December quarter due to the seasonal nature of the recreational marine products business. However, the company said it expects to report a net loss for its 1993 first quarter ranging from 10 to 15 percent greater than the net loss of $17.8 million, or 92 cents per share, it incurred for its 1992 first quarter. The company said its 1993 first-quarter sales could be as much as 10 percent below the $193.2 million it reported for the first quarter of 1992.
 We haven't experienced the restocking volume from our dealers that we expected in this quarter,'' said OCM president and chief executive officer
James C. Chapman. We believe they are watching the market carefully for signs of continuing recovery this year,'' he said.
 Outboard Marine Corp. is a leading international marketer of marine engines, boats, accessories and services.
 -0- 12/21/92
 /CONTACT: Wayne E. Jones, vice president-strategic planning & investor relations of Outboard Marine Corp., 708-689-5246/
 (OM)


CO: Outboard Marine Corp. ST: Illinois IN: MAR SU: ERP

TM -- NY072 -- 8966 12/21/92 18:30 EST
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Publication:PR Newswire
Date:Dec 21, 1992
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