ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, September 16, 1993                   TAG: 9309160087
SECTION: BUSINESS                    PAGE: B7   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short


REPORTED EARNINGS

Circuit City Stores

Circuit City Stores Inc., Richmond-based electronics retailer operating in Roanoke, on Wednesday reported a 30 percent increase in second-quarter profits, partly due to expansion into new markets. Profits rose to $28 million, or 29 cents per share, from $21.5 million, or 22 cents per share, in the 1992 period. Sales increased 26 percent, to $906.7 million from $721.3 million. Comparable-store sales rose 6 percent, though exact figures were not available. Those measure stores operating at least a year.

The company recently opened two "superstores" in the Boston area and four in the Chicago market. It also opened one in Philadelphia and another in Tucson, Ariz.



 by CNB