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SUNSHINE-JR. STORES FILES ANNUAL REPORT WITH THE SECURITIES AND EXCHANGE COMMISSION

 PANAMA CITY, Fla., June 29 /PRNewswire/ -- Sunshine-Jr. Stores, Inc. (AMEX: SJS) announced today that it has filed with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended Dec. 31, 1992 and its Quarterly Report on Form 10-Q for the period ended April 1, 1993.
 For the year ended Dec. 31, 1992, the company reported an audited net loss of $7,626,232, or $4.48 per share, compared to a net loss of $2,564,239, or $1.51 per share, for 1991. 1992 sales were $225,726,597, compared to $217,710,782 for 1991.
 For the quarter ended April 1, 1993, the company reported an unaudited net loss of $1,491,692 or $.88 per share, compared to a net loss of $642,814, or $.38 per share, for the comparable period of 1991. First quarter sales were $49,273,944 in 1993, compared to $51,622,631 in 1992. Included in the first quarter of 1993 were $1,054,000 of professional fees related to the company's Chapter 11 proceeding.
 Included in 1992 results was a one-time bankruptcy restructuring charge of $3,675,000. The company also experienced in 1992 a $5,222,000 increase in selling, general and administrative expense resulting from environmental expenses, self-insurance expenses for workers' compensation and group health plans, labor costs and legal and professional fees.
 Sunshine-Jr. Stores, Inc. operates, as debtor-in-possession under Chapter 11 of the Bankruptcy Code, approximately 276 convenience stores located in Florida, Alabama, Mississippi, Georgia and Louisiana and four supermarkets in and around Panama City, Fla.
 -0- 6/29/93 R
 /CONTACT: Scott Coffman of Sunshine-Jr. Stores, Inc., 904-769-1661/
 (SJS)


CO: Sunshine-Jr. Stores, Inc. ST: Florida IN: REA SU:

AW-RC -- FL004X -- 7207 06/30/93 13:28 EDT
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Date:Jun 30, 1993
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