ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Friday, April 4, 1997                  TAG: 9704040058
SECTION: BUSINESS                 PAGE: B-7  EDITION: METRO 


REPORTED EARNINGS

Family Dollar Stores Inc.

2nd qtr. ended 2-28 1997 1996

Revenues $530.3 million $448.3 million

Net Income $20 million $15.9 million

Share earnings 35 cents 28 cents

6 mos. ended 2-28

Revenues $985.1 million $844.4 million

Net Income $37.4 million $30.4 million

Share earnings 66 cents 54 cents

Family Dollar Stores, a Matthews, N.C.-based discount retailer, operates stores in the Roanoke Valley and Bedford.

Food Lion Inc.

1st qtr. ended 3-22 1997 1996

Revenues $2.3 billion $2.0 billion

Net Income $45.5 million $40.8 million

Share earnings 10 cents 9 cents

Food Lion, based in Salisburg, N.C., operates supermarkets in Western Virginia.


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