ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Tuesday, December 17, 1996 TAG: 9612170052
SECTION: BUSINESS PAGE: B-5 EDITION: METRO
Brad Ragan Inc.
3rd qtr. ended 9-30 1996 1995
Revenues $66.9 million $67.0 million
Net Income $47,000 $801,000
Share earnings 2 cents 37 cents
9 mos. ended 9-30
Revenues $188.0 million $189.8 million
Net Income ($2.3 million) $2.2 million
Share earnings ($1.07) $1.00
Charlotte, N.C.-based Brad Ragan is a producer of retreaded tires for off-highway vehicles and is a tire retailer with outlets in the Roanoke Valley.
Circuit City Stores Inc.
3rd qtr. ended 11-30 1996 1995
Revenues $1.86 billion $1.78 billion
Net Income $19.8 million $31.5 million
Share earnings 20 cents 32 cents
9 mos. ended 11-30
Revenues $5.25 billion $4.78 billion
Net Income $68.2 million $97.3 million
Share earnings 69 cents 99 cents
Richmond-based Circuit City operates home electronics stores in Southwest Virginia.
Ground Round Restaurants Inc.
4th qtr. ended 9-29 1996 1995
Revenues $53.4 million $54.9 million
Net Income ($13.3 million) ($3.8 million)
Share earnings ($1.19) (33 cents)
Year ended 9-29
Revenues $218.8 million $230.4 million
Net Income ($22.9 million) ($5.7 million)
Share earnings ($2.05) (51 cents)
Ground Round of Braintree, Mass., operates restaurants in Southwest Virginia. Fourth quarter and full year results include a charge of $8.9 million, or 80 cents per share, as a result of a change in accounting procedures. Full year results also include $2.8 million in other expenses in connection with debt restructuring.
Revco D.S. Inc.
2nd qtr. ended 11-16 1997 1996
Revenues $1.23 billion $1.14 billion
Net Income $16.0 million $11.5 million
Share earnings 24 cents 17 cents
6 mos. ended 11-16
Revenues $2.41 billion $2.21 billion
Net Income $30.4 million $19.9 million
Share earnings 45 cents 30 cents
Revco of Twinsburg, Ohio, operates drugstores in Southwest Virginia.
*Figures in parentheses indicate a loss.
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