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ROADMASTER RESPONDS TO SHAREHOLDER INQUIRIES ON THIRD QUARTER EARNINGS

ROADMASTER RESPONDS TO SHAREHOLDER INQUIRIES ON THIRD QUARTER EARNINGS
 ENGLEWOOD, Colo., Nov. 2 /PRNewswire/ -- Roadmaster Industries Inc. ("RMI") (NASDAQ: WHEL) said today it had received several inquiries in regard to its Oct. 30, 1992 press release which reported its unaudited financial results for the third quarter and nine months ended Sept. 30, 1992. The company said the inquiries pertained to whether or not the third quarter ended Sept. 30, 1992, as compared to the comparable period in 1991, represented an increase in earnings.
 The earnings per share for the third quarter of 1991 were 8 cents which consisted of 6 cents from recurring operations and 2 cents from a non-recurring
gain. For the quarter ended Sept. 30, 1992, earnings per share were 8 cents with recurring operations of 7 cents and a non- recurring gain of 1 cent. Therefore on a recurring basis, earnings per share were 7 cents for 1992 versus 6 cents for 1991, an increase of approximately 17 percent.
 Roadmaster Industries operates through its two wholly-owned subsidiaries, Roadmaster Corp. and Hamilton Lamp Corp. as well as its majority-owned subsidiary, International Sports and Fitness Inc. Roadmaster Corp. is a leading designer and manufacturer of Roadmaster junior wheel goods, Roadmaster bicycles and Vitamaster fitness equipment. Hamilton Lamp Corp. is a leading manufacturer of lamps and replacement shades. International Sports and Fitness Inc. through its wholly-owned subsidiary, Roadmaster Leisure Inc., markets and distributes a broad range of sporting goods and recreational products, including Roadmaster Corp. products, in Canada.
 -0- 11/2/92
 /CONTACT: Thomas B. Olson of Roadmaster Industries, 303-290-8150/
 (WHEL) CO: Roadmaster Industries Inc. ST: Colorado IN: SU:


MC -- DV009 -- 1693 11/02/92 14:49 EST
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Publication:PR Newswire
Date:Nov 2, 1992
Words:278
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