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

DATE: SATURDAY, February 19, 1994                   TAG: 9402190037
SECTION: BUSINESS                    PAGE: A5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

REPORTED EARNINGS

Noland Co., Newport News-based distributor of equipment to the building trades with operations in Roanoke, on Friday reported 1993 net income of $3.3 million, or 89 cents per share, down 19.5 percent from the year-earlier $4.1 million, or $1.11 per share. Sales totaled $402.9 million, down 2.2 percent from $412.1 million in 1992.

Fourth-quarter sales were $100.5 million, slightly higher than the year-earlier $100 million, and net income was $2.7 million, or 72 cents per share, up 30 percent from $2 million, or 56 cents, in the 1992 quarter.\ Coca-Cola Bottling Co.

Coca-Cola Bottling Co. Consolidated, Charlotte, N.C., parent of Coca-Cola Bottling Co. of Roanoke and of operations in Clifton Forge, Dublin, Martinsville, Norton and Bristol, on Friday reported record 1993 net income of $14.8 million, or $1.60 per share, compared with a 1992 loss of $2.1 million, or 23 cents per share, before the effect of accounting changes. Net sales were $688 million, compared with $655.8 million in 1992.\ \ Hanover Direct

Hanover Direct Inc., Weehawken, N.J., mail order merchant operating the Tweeds telemarketing and fulfillment center in Roanoke, on Friday reported 1993 net income of $17.3 million, or 17 cents per share. Net income for 1992 after extraordinary items was $20.2 million, or 44 cents per share. Revenues increased to $642.5 million from $586.6 million in 1992.