ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Saturday, January 11, 1997             TAG: 9701130104
SECTION: BUSINESS                 PAGE: A-6  EDITION: METRO 

REPORTED EARNINGS

Rowe Furniture Corp.

4th qtr. ended 12-1 1996 1995

Revenues $38.1 million $36.3 million

Net Income $3.0 million $1.4 million

Share earnings 22 cents 11 cents

Year ended 12-1

Revenues $142.7 million $124.9 million

Net Income $7.1 million $7.2 million

Share earnings 51 cents 53 cents

Rowe makes residential upholstered furniture in Salem. 1995 figures include an after-tax gain of $3.0 million, or 22 cents per share, from the sale of investment property and a charge of $265,000, or 2 cents per share, for restructuring costs.

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