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ROWE FURNITURE CORPORATION ANTICIPATES IMPROVEMENT IN YEAR-TO-DATE FOURTH QUARTER RESULTS

 ARLINGTON, Va., Nov. 8 /PRNewswire/ -- G.M. Birnbach, chairman of the board and president of Rowe Furniture Corporation (AMEX: ROW), announced today that for the fourth quarter ending Nov. 28, 1993, net shipments and net income are expected to reach or exceed $25.0 million and $0.26 per share, respectively.
 For the comparable 1992 quarter, shipments totaled $20.7 million with earnings per share of $0.19.
 Per share earnings are adjusted for two three-for-two stock splits; one paid Jan. 15, 1993, and one paid Oct. 5, 1993.
 -0- 11/8/93
 /CONTACT: G.M. Birnbach, chairman of the board and president, of Rowe Furniture, 703-413-6050/
 (ROW)


CO: Rowe Furniture Corporation ST: Virginia IN: REA SU: ERP

JM -- CH001 -- 1590 11/08/93 08:46 EST
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Publication:PR Newswire
Date:Nov 8, 1993
Words:127
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