ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Wednesday, March 26, 1997              TAG: 9703260029
SECTION: BUSINESS                 PAGE: B-5  EDITION: METRO 


REPORTED EARNINGS

Heilig-Meyers Co.

4th qtr. ended 2-28 1997 1996

Revenues $478.2 million $340.0 million

Net Income $10.6 million $3.0 million

Share earnings 20 cents 6 cents

Full year ended 2-29

Revenues $1.59 billion $1.36 billion

Net Income $40.2 million $41.5 million

Share earnings 80 cents 84 cents

Heilig-Meyers, Richmond-based home furnishings retailer, operates 944 stores, including those in Western Virginia.

Hills Stores Co.

4th qtr. ended 2-1 1996 1995

Revenues $658.6 million $699.8 million

Net Income ($2.9 million) $10.4 million

Share earnings (28 cents) 93 cents

Full year ended 2-1

Revenues $1.88 billion $1.90 billion

Net Income ($35.1 million) ($16.7 million)

Share earnings ($3.39) ($1.66)

Canton, Mass.-based Hills operates discount stores in Western Virginia.

*Figures in parentheses indicate a loss.


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