ROANOKE TIMES 
                      Copyright (c) 1997, Roanoke Times

DATE: Friday, February 7, 1997               TAG: 9702070069
SECTION: BUSINESS                 PAGE: B-7  EDITION: METRO 


REPORTED EARNINGS

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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