WESTERN BEEF SALES, NET DOWN

RIDGEWOOD, N.Y. -- Western Beef here reported that sales and earnings decreased in the second quarter and half-year ended June 30.

om $1.24 million.

For the six months, sales dropped 3.7% to $140.6 million from $146 million. Net income declined 4.7% to $1.95 million from $2.05 million.

During the second quarter, the company took on charges of approximately $500,000 related to two store openings and the construction of a third store.

"The [quarterly] sales decline results primarily from a decrease in same-store sales, and the closing of a small wholesale produce business," the company said.

2ND-QUARTER RESULTS

Qtr Ended 6/30/95 7/1/94

Sales $73.1 million $75 million

Change - 2.5%

Net Income $1.15 million $1.24 million

Change - 7.3%

Inc/Share 21 cents 23 cents

26 Weeks 1995 1994

Sales $140.6 million $146 million

Change - 3.7%

Net Income $1.95 million $2.05 million

Change - 4.7%

Inc/Share 36 cents 37 cents