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SUPERIOR SURGICAL ANNOUNCES RECORD THIRD QUARTER EARNINGS AND SALES

 SUPERIOR SURGICAL ANNOUNCES RECORD THIRD QUARTER EARNINGS AND SALES
 SEMINOLE, Fla., Oct. 20 /PRNewswire/ -- Superior Surgical Mfg. Co., Inc. (AMEX: SGC), manufacturer of uniforms, career apparel and accessories, today announced that for the third quarter ended Sept. 30, 1992, sales were up 20 percent to $32,912,162 compared with 1991 third quarter sales of $27,455,471. Net income was up 43 percent to $2,512,182, or $.29 per common share compared with net income of $1,752,060 or $.21 per common share in the 1991 third quarter.
 For the nine months ended Sept. 30, 1992, sales were up 9 percent to $95,929,020 compared with sales of $88,147,473 in the nine months ended Sept. 30, 1991. Net income for the nine month period was up 23 percent to $7,217,302 or $.84 per common share compared to net income of $5,852,305 or $.69 per common share in the same period of 1991.
 Gerald M. Benstock, chairman and CEO, commented: "The per share figures are restated for earlier periods to reflect the four-for-one stock split in June 1992. We are extremely pleased with the third quarter results; all segments of our business were strong, including a nice rebound exhibited in the leisure area. We continue to expect strong results for the final quarter making 1992 a record year in both net earnings and revenues."
 Superior Surgical manufactures and sells a wide range of uniforms, career apparel and accessories for the hospital and healthcare fields; hotels; fast food and other restaurants; and public safety, industrial, transportation and commercial markets.
 SUPERIOR SURGICAL MFG. CO., INC.
 Comparative figures are as follows:
 For the Three Months Ended Sept. 30,
 1992 1991
 Unaudited
 Net Sales $32,912,162 $27,455,471
 Earnings before Income Taxes $ 4,022,182 $ 2,807,060
 Provision for Income Taxes $ 1,510,000 $ 1,055,000
 Net Income $ 2,512,182 $ 1,752,060
 Net Income per Share $ .29 $ .21
 Average Shares Outstanding 8,669,924 8,504,224
 For the Nine Months Ended Sept. 30,
 1992 1991
 Unaudited
 Net Sales $95,929,020 $88,147,473
 Earnings before Income Taxes $11,547,302 $ 9,367,305
 Provision for Income Taxes $ 4,330,000 $ 3,515,000
 Net Income $ 7,217,302 $ 5,852,305
 Net Income per Share $ .84 $ .69
 Average Shares Outstanding 8,639,386 8,483,436
 -0- 10/20/92
 /CONTACT: Gerald M. Benstock, chairman and CEO of Superior Surgical Mfg. Co., Inc., 813-397-9611/
 (SGC) CO: Superior Surgical Mfg. Co., Inc. ST: Florida IN: TEX SU: ERN


AW-MM -- FL003 -- 2044 10/20/92 09:16 EDT
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Publication:PR Newswire
Date:Oct 20, 1992
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