ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Thursday, November 21, 1996 TAG: 9611210015
SECTION: BUSINESS PAGE: B-5 EDITION: METRO
Hanover Direct Inc.
3rd qtr. ended 9-28 1996 1995
Revenues $156.7 million $169.2 million
Net Income ($29.6 million) ($7.4 million)
Share earnings (26 cents) (10 cents)
9 mos. ended 9-28
Revenues $502.5 million $528.5 million
Net Income ($51.6 million) ($22.0 million)
Share earnings (52 cents) (24 cents)
Weehawken, N.J.-based Hanover Direct operates ordering and fulfillment centers in the Roanoke Valley.
Smithfield Foods Inc.
2nd qtr. ended 10-27 1997 1996
Revenues $969.2 million $455.8 million
Net Income $9 million $4.6 million
Share earnings 46 cents 26 cents
6 mos. ended 10-27
Revenues $1.86 billion $823.1 million
Net Income $9.8 million $221,000
Share earnings 49 cents (1 cent)
The Smithfield pork producer, owner of Valleydale Foods Inc. in Salem, said its sales rose sharply from a year ago because of a jump in the number of hogs slaughtered, a rise in hog prices and the purchase in December 1995 of John Morrell & Co.
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