ROANOKE TIMES Copyright (c) 1997, Roanoke Times DATE: Friday, February 7, 1997 TAG: 9702070069 SECTION: BUSINESS PAGE: B-7 EDITION: METRO
Allstate Corp.
4th qtr. ended 12-31 1996 1995
Revenues $6.06 billion $5.85 billion
Net Income $595 million $397 million
Share earnings $1.33 88 cents
Full year ended 12-31
Revenues $24.30 billion $22.79 billion
Net Income $2.08 billion $1.90 billion
Share earnings $4.63 $4.24
Allstate Corp., a Northbrook, Ill.-based insurance company, has a regional operations center in Roanoke County.
Food Lion Inc.
4th qtr. ended 12-31 1996 1995
Revenues $2.77 billion $2.54 billion
Net Income $66.6 million $54.9 million
Share earnings 14.2 cents 11.5 cents
Full year ended 12-31
Revenues $9.01 billion $8.21 billion
Net Income $206.1 million $172.4 million
Share earnings 43.8 cents 35.8 cents
Food Lion is a Salisbury, N.C.-based supermarket chain with stores in Western Virginia.
McDermott International Inc.
3rd qtr. ended 12-31 1996 1995
Revenues $744.7 million $766.5 million
Net Income $16.6 million $6.6 million
Share earnings 27 cents 8 cents
9 mos. ended 12-31
Revenues $2.42 billion $2.39 billion
Net Income ($9.8 million) $18.3 million
Share earnings (18 cents) 34 cents
A division of the New Orleans company, Babcock & Wilcox Co., operates a nuclear fuel division in Lynchburg. The 9-month loss for 1996 was after payment of dividends to a special class of preferred shareholders. Without those payments, the loss would have been $3.6 million.
Tultex Corp.
4th ended 12-31 1996 1995
Revenues $187.5 million $172.3 million
Net Income $8.5 million $4.4 million
Share earnings 28 cents 13 cents
Year ended 12-31
Revenues $636.3 million $585.3 million
Net Income $16.7 million $1.8 million
Share earnings 53 cents 15 cents
The Martinsville company makes and markets activewear and licensed sports apparel sold at department stores, sporting goods shops and specialty stores.
Winn-Dixie Stores
2nd qtr. ended 1-8 1997 1996
Revenues $4.06 billion $3.97 billion
Net Income $47.7 million $72.5 million
Share earnings 32 cents 48 cents
6 mos. ended 1-8
Revenues $7.04 billion $6.91 billion
Net Income $94.7 million $118.3 milion
Share earnings 63 cents 78 cents
The Jacksonville, Fla., grocer operates supermarkets in Western Virginia.
*Figures in parentheses indicate a loss.
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