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VESTRO FOODS ANNOUNCES FIRST QUARTER RESULTS

 CARSON, Calif., May 17 /PRNewswire/ -- Vestro Foods Inc. (NASDAQ: VEST) announced today the company's financial results for the first quarter ended March 31, 1993. Net income for the quarter was $290,000, compared to a net loss of $71,000 in the prior year. Net sales for the quarter were $5,546,000, compared to $8,895,000 in 1992. The results for 1992 include the company's fine baked goods operations which were sold in December 1992. Comparative figures for the company's ongoing natural foods operations show a 7 percent increase in net sales from 1992.
 Allan Dalfen, president and chief executive officer of Vestro Foods Inc., stated, "The first-quarter results reflect sales increases from many new products that have been introduced this year. Initial acceptance of these products has been strong. We have made significant progress in our goals of increasing sales, reducing product costs and cutting operating expenses. These first-quarter results are very encouraging."
 Vestro Foods Inc., through its branded product lines, Westbrae Natural, WestSoy, Little Bear Organic Foods, Bearitos, AhSoy and Ci Bella, is a major producer of natural and organic food products.
 VESTRO FOODS INC.
 Financial Summary
 For the quarter ended
 March 31,
 1993 1992(a)
 Net sales $5,534,000 $8,895,000
 Income (loss) before
 extraordinary items $290,000 ($71,000)
 Net income (loss) $290,000 ($71,000)
 Earnings (Loss) per
 common share:
 Before extraordinary
 items(b) $.00 ($.02)
 Extraordinary items $.00 $.00
 Net $.00 ($.02)
 (a) 1992 includes the company's fine baked goods operations which were sold in December 1993.
 (b) Computed by adjusting net income for the company's scheduled quarterly preferred dividend, which amounted to $262,000 in both 1993 and 1992.
 -0- 5/17/93
 /CONTACT: Stephen Schorr, VP-finance of Vestro Foods, 310-886-8200/
 (VEST)


CO: Vestro Foods Inc. ST: California IN: FOD SU: ERN

BP-JL -- LA013 -- 9190 05/17/93 12:13 EDT
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Publication:PR Newswire
Date:May 17, 1993
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