Circuit City Stores Inc.Reflecting the pickup in retail...

EARNINGS

December 12, 1992

Circuit City Stores Inc.

Reflecting the pickup in retail spending, this Richmond, Va.-based company reported improved third-quarter income on higher sales.

During the quarter, Circuit City opened 26 new "superstores," many of them in the Southeast and Southwest.

Still, "markets throughout the country remained highly competitive during the quarter," said Richard L. Sharp, Circuit City's president and chief executive.

Three months ended 11/30

......Revenue... .... .... Net.... .... .... Share

'92 ..805,426,000... ... 16,632,000. .... 0.34

'91 ..694,031,000... ... 8,799,000 .. ... 0.19

% change +16.1... ... ... . +89.0... ... ... +78.9

Dart Group Corp.

Sharply higher earnings at Trak Auto Parts stores pushed the profits of the Dart Group Corp. up in the third fiscal quarter, the holding company reported yesterday.

Most of the gain was due to to extraordinary items, such as settlements of insurance claims for rioters' destruction of 15 Los Angeles area auto parts stores, and tax loss carry-forwards.

But sales and operating profits were up for Dart, which owns about 52 percent of Crown Books, 66 percent of Trak Auto, 50 percent of Shoppers Food Warehouse and 100 percent of Dart Group Financial and Cabot-Morgan Real Estate Co.

&

Three months ended 10/31

......Revenue... .... .... Net.... .... .... Share

'92 ..311,975,000 ... ... 1,739,000... ... 0.95

'91 ..289,234,000 ... ... ..131,000... ... 0.07

% change +7.9... ... ... ... +1227.5... .... +1257.1

Nine months ended 10/31

......Revenue... .... .... Net.... .... .... Share

'92 ..926,851,000... ... 4,863,000... .... 2.86

'91 ..864,365,000... ... 2,119,000... .... 1.34

% change +7.2... ... ... .. +129.5... ... .. +113.4

Trak Auto Corp.

( Three months ended 10/31

......Revenue... .... .... Net.... .... .... Share

'92 ..80,643,000.... .... 2,014,000 .. ....0.34

'91 ..81,450,000.... .... 1,662,000 .. ... 0.29

% change -. -0.1 ... ... ... +21.2... ... ... +17.2

Nine months ended 10/31

......Revenue... .... .... Net.... .... .... Share

'92 ..240,501,000... ... 7,322,000 ... ...1.24

'91 ..240,691,000... ..... 720,000... ... 0.12

% change -. -0.1... ... ... .. +916.9... ... .. +933.3

Crown Books Corp.

( Three months ended 10/31

......Revenue... .... .... Net.... .... .... Share

'92 ..52,290,000... ... ... 947,000... ... . 0.18

..52,092,000... ... . 1,124,000... ... . 0.21

change +0.4... ... ... .. -15.7... ... ... +17.2

Nine months ended 10/31

......Revenue... .... .... Net.... .... .... Share

'92 ..155,964,000... ... 3,709,000... ... 0.71

'91 ..149,876,000... ... 4,222,000... ... 0.80

% change +4.1 ... ... ... ..-12.1... ... . -11.2

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