ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Thursday, June 13, 1996 TAG: 9606130047
SECTION: BUSINESS PAGE: B-7 EDITION: METRO
AutoZone Inc.
3rd qtr. ended 5-4 1996 1995
Revenues $524.2 million $425.5 million
Net Income $37.6 million $32.4 million
Share earnings 25 cents 22 cents
9 mos. ended 5-4
Revenues $1.41 billion $1.18 billion
Net Income $99.7 million $83.9 million
Share earnings 66 cents 56 cents
Memphis, Tenn.-based AutoZone sells auto parts, chemicals and accessories through its chain of 1,300 retail stores.
Hills Stores Co.
1st qtr. ended 5-4 1996 1995
Revenues $370.2 million $362.9 million
Net Income ($14.7 million) ($4.3 million)
Share earnings ($1.45) (42 cents)
Canton, Mass.-based Hills operates 164 discount retail stores, including locations in Southwest Virginia. First-quarter losses include a $11.7 million pre-tax, non-cash charge for the impairment of long-lived assets, which reduced the current book value of underperforming stores.
McDermott International Inc.
4th qtr. ended 3-31 1996 1995
Revenues $889.3 million $844.3 million
Net Income ($5.9 million) ($20.9 million)
Share earnings (11 cents) (39 cents)
Year ended 3-31
Revenues $3.3 billion $3.04 billion
Net Income $20.6 million $9.1 million
Share earnings 23 cents 2 cents
McDermott International Inc., is New Orleans-based parent of Babcock & Wilcox Power Generation and Government Groups in Lynchburg.
Smithfield Foods Inc.
4th qtr. ended 4-28 1996 1995
Revenues $873.8 million $381.6 million
Net Income $7.0 million $338,000
Share earnings 35 cents 1 cent
Year ended 4-28
Revenues $2.4 billion $1.5 billion
Net Income $15.9 million $27.8 million
Share earnings 84 cents $1.59
Smithfield Foods Inc. of Smithfield is parent of Valleydale Foods Inc. of Salem. Results from the 1995 fourth quarter included income from continuing operations of $3.2 million and a loss from discontinued operations of $2.9 million, reflecting results of Ed Kelly Inc., the company's former retail electronics subsidiary. Sales of John Morrell & Co., which was purchased by the company in December, are included for the 1996 quarter.
*Figures in parentheses indicate a loss.
LENGTH: Medium: 63 linesby CNB