SCHULTZ NET INCOME INCREASES

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here said net income rose 8.1% for the year and 2.5% for the fourth quarter. Sales fell 1.5% for the year and rose 0.8% for the quarter.

retail sales.

It said the sales decline was due to a combination of factors, including the termination of one wholesale customer and the sale of one corporate retail store.

4TH-QUARTER RESULTS

Qtr Ended 12/30/95 12/31/94

Sales $106 million $105.1 million

Change + 0.8%

Net Income $1.7 million $1.6 million

Change + 2.5%

Inc/Share 37 cents 32 cents

52 Weeks 1995 1994

Sales $439.6 million $446.4 million

Change - 1.5%

Net Income $5.8 mllion $5.4 million

Change + 8.1%

Inc/Share $1.20 $1.02