ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Tuesday, August 13, 1996               TAG: 9608130076
SECTION: BUSINESS                 PAGE: B-5  EDITION: METRO 


REPORTED EARNINGS

Hanover Direct Inc.

2nd qtr. ended 6-29 1996 1995

Revenues $180.2 million $182.8 million

Net Income ($12.3 million) ($7.2 million)

Share earnings (13 cents) (8 cents)

6 mos. ended 6-29

Revenues $345.7 million $359.4 million

Net Income ($22.0 million) ($12.0 million)

Share earnings (24 cents) (13 cents)

Weehawken, N.J.-based Hanover Direct is a catalog merchant that operates two distribution centers in the Roanoke Valley.

May Department Stores Co.

2nd qtr. ended 8-3 1996 1995

Revenues $2.43 billion $2.24 billion

Net Income $110 million $107 million

Share earnings 41 cents 40 cents

6 mos. ended 8-3

Revenues $4.84 billion $4.37 billion

Net Income $208 million $194 million

Share earnings 77 cents 72 cents

St. Louis-based May is the parent of the Hecht's chain.

*Figures in parentheses indicate a loss.


LENGTH: Short :   36 lines




























by CNB