Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: FRIDAY, April 28, 1995 TAG: 9504280036 SECTION: BUSINESS PAGE: A-11 EDITION: METRO SOURCE: DATELINE: LENGTH: Medium
Crown American Realty Trust, Johnstown, Pa., operator of New River Valley Mall, reported first-quarter net income of $4.6 million, or 17 cents per share, on revenues of $32.3 million, compared with year-earlier $2.1 million, or 8 cents per share, on revenues of $28.8 million.
Federal-Mogul
Federal-Mogul Corp. reported first-quarter net earnings of $14.2 million, or 33 cents per share, on sales of $524.3 million, compared with year-earlier $15 million, or 37 cents per share, on sales of $460.3 million. The Southfield, Mich.-based company operates an engine bearings plant in Blacksburg.
Intermet
Intermet Corp., Atlanta owner of Lynchburg Foundry Co. in Radford, reported net income of $6.5 million, or 26 cents per share, on sales of $153.3 million in its first quarter ended April 2. That compares with year-earlier $1.7 million, or 7 cents per share, on sales of $118.9 million.
LADD Furniture
LADD Furniture Inc. reported net earnings of $24,000, equal to zero per share, on sales of $153.4 million in its first quarter ended April 1, compared with year-earlier $1.7 million, or 7 cents per share, on sales of $139 million. High Point, N.C.-based LADD is parent of American of Martinsville.
Sara Lee Corp.
Sara Lee Corp. reported net income of $166 million, or 33 cents per share, on sales of $4.19 billion in its third quarter ended April 1, compared with year-earlier net income of $152 million, or 30 cents per share, on sales of $3.66 billion. Sara Lee, based in Chicago, operates knitwear mills in Martinsville and a L'eggs distribution center in Salem.
Stein Mart
Stein Mart Inc., Jacksonville, Fla., retailer with plans to open a store later this year in Roanoke County, reported a net loss of $1.3 million, equal to 5 cents per share, on sales of $87.7 million for its first quarter ended April 1. That compares with year-earlier net income of $263,000, or 1 cent per share, on sales of $79.1 million.
by CNB