ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Thursday, October 17, 1996 TAG: 9610170036
SECTION: BUSINESS PAGE: C-6 EDITION: METRO
Fieldcrest Cannon Inc.
3rd qtr ended 9-30 1996 1995
Revenues $285.2 million $280.5 million
Net Income ($2.7 million) ($15,000)
Share earnings (43 cents) (13 cents)
9 mos. ended 9-30
Revenues $813 million $810.6 million
Net Income ($1.3 million) ($2 million)
Share earnings (52 cents) (15 cents)
The Kannapolis, N.C., maker and marketed or home furnishings, operating a towel mill in Fieldale, had one-time, third-quarter charges related to the sale of blanket division assets.
MainStreet BankGroup Inc.
3rd qtr. ended 9-30 1996 1995
Net Interest Income $11.9 million $10.2 million
Net Income $3.5 million $3.1 million
Share earnings 35 cents 32 cents
9 mos. ended 9-30
Net Interest Income $33.9 million $29.8 million
Net Income $10.9 million $8.4 million
Share earnings $1.07 86 cents
MainStreet BankGroup Inc. of Martinsville had record earnings despite a one-time charge of $242,000 in the third quarter for costs related to the merger with First National Bank of Clifton Forge. The acquisition was completed Sept. 27, pushing the company's assets over the billion-dollar mark for the first time. Assets reached $1,128,582.
Kroger Co.
3rd qtr. ended 10-5 1996 1995
Revenues $7.34 billion $6.96 billion
Net Income $71.4 million $61.2 million
Share earnings 54 cents 51 cents
Cincinnati, Ohio-based Kroger operates grocery stores in Western Virginia. Third-quarter earnings include a charge of $928,000, or 1 cent, for early repayment of debt. Year-earlier figures include a charge of $1.52 million, or 1 cent.
Universal Self Care Inc.
Year ended 6-30 1996 1995
Revenues $36.3 million $22.7 million
Net Income ($2.5 million ($2.0 million)
Share earnings (40 cents) (48 cents)
Livonia, Mich.-based Universal Self Care is parent of Diabetes Self Care of Roanoke. The company supplies equipment, supplies and services to diabetics. The year's loss is due partially to the increase in expenses and financing fees.
*Figures in parentheses indicate a loss.
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