ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Wednesday, August 14, 1996             TAG: 9608140042
SECTION: BUSINESS                 PAGE: B7   EDITION: METRO 


REPORTED EARNINGS

J. C. Penney Co. Inc.

2nd qtr. ended 7-27 1996 1995

Revenues $4.51 billion $4.44 billion

Net Income $93 million $116 million

Share earnings 37 cents 46 cents

6 mos. ended 7-27

Revenues $8.99 billion $8.80 billion

Net Income $235 million $272 million

Share earnings 94 cents $1.07

Plano, Texas-based J. C. Penney operates department stores in Western Virginia.

TJX Cos. Inc.

2nd qtr. ended 7-27 1996 1995

Revenues $1.64 billion $848.9 million

Net Income $36.1 million ($24.8 million)

Share earnings 40 cents (37 cents)

6 mos. ended 7-27

Revenues $3.25 billion $1.68 billion

Net Income $66.1 million ($16.8 million)

Share earnings 63 cents (28 cents)

TJX operates TJMaxx stores in Western Virginia. Second-quarter 1995 figures reflect one-time charges. First-half 1996 figures include the acquisition last year of the Marshalls chain.

Wal-Mart Stores Inc.

2nd qtr. ended 7-31 1996 1995

Revenues $25.59 billion $22.72 billion

Net Income $706.0 million $633.0 million

Share earnings 31 cents 28 cents

6 mos. ended 7-31

Revenues $48.36 billion $43.16 billion

Net Income $1.28 billion $1.18 billion

Share earnings 56 cents 52 cents

Bentonville, Ark.-based Wal-Mart operates Sam's Club, Wal-Mart and Wal-Mart Supercenter stores in Western Virginia.

*Figures in parentheses indicate a loss.


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