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SHEFFIELD INDUSTRIES, INC. BACK IN OPERATION AFTER HURRICANE ANDREW

 SHEFFIELD INDUSTRIES, INC. BACK IN OPERATION AFTER HURRICANE ANDREW
 MIAMI, Fla. Aug. 26 /PRNewswire/ -- Sheffield Industries, Inc. (NASDAQ: HOSE), manufacturers and distributors of ladies' sheer hosiery and other apparel products, "is back in operation following Hurricane Andrew and expects to be at full force by next Monday, Aug. 31," Mitchell hammer, president and chief executive officer, said today.
 Hammer said, "Although Sheffield's facilities located in North Miami escaped the brunt of the storm, power was not restored until today. There was some physical damage to buildings and equipment, and water damage to inventory. A major problem has been the shutdown of public transportation which most of our employees use. We are approximately 50 percent staffed today and expect to be close to 100 percent on Monday if public transportation is restored by the weekend.
 "Although we have not fully ascertained the extent of our losses, we believe that insurance will cover most of the physical damage. The lost time, however, will have an adverse impact on results of the first quarter of fiscal 1993. We expect to make this up during the balance of the year and are projecting revenues of more than $75 million and strong profit growth for fiscal 1993 ending July 2, 1993 compared with revenues of $36 million in fiscal 1992."
 Sheffield Industries, Inc. manufactures and distributes ladies and children's hosiery products including pantyhose, knee-highs and tights under the "Fruit of the Loom" label; fashion-oriented products in its "Chic" brand label program and private label products of its customers which include K-Mart, Wal-Mart, J.C.Penney, Rite-Aid, F.W.Woolworth, Family Dollar, Payless Shoe Source and Sears. Sheffield also manufactures and markets T-shirts, sweat shirts and sweat pants under licenses from major colleges and universities; manufactures and markets "LeRoi" children's pantyhose, tights and sleepwear and manufactures printed and embroidered sweatshirts and T-shirts sold under the "Beezil" label through 2,000 college bookstores, hotels and resorts including Walt Disney Company stores.
 -0- 8/26/92
 /CONTACT: Mitchell A. Hammer, president of Sheffield Industries, Inc., 305-624-8493/
 (HOSE) CO: Sheffield Industries, Inc. ST: Florida IN: TEX SU :


SB-DC -- NY052 -- 3571 08/26/92 15:17 EDT
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Publication:PR Newswire
Date:Aug 26, 1992
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