ATLANTA, Oct. 23 /PRNewswire/ -- Fuqua Enterprises, Inc. (NYSE: FQE) today
announced financial results for the third quarter ended September 30, 1996.
    For the third quarter of 1996, income from continuing operations increased
58% to $2.1 million or $.46 per share compared to $1.3 million or $.34 per
share in the third quarter of 1995.  Net income more than tripled to
$2.1 million or $.46 per share compared to $670,000 or $.17 per share in 1995.
The number of shares outstanding in the third quarter of 1996 of 4.6 million
are 18% greater than the 3.9 million outstanding in 1995, primarily as a
result of shares of Fuqua common stock issued to acquire Basic American
Medical Products, Inc., in November 1995.  Revenues in the third quarter of
1996 increased 78% to $50 million, from $28 million for the comparable quarter
in 1995.  The large increase in revenues reflects the acquisitions of Basic
American Medical Products, Inc., in the fourth quarter of 1995 and the Lumex
Division of Cybex International, Inc. (f.k.a. Lumex, Inc.) in the second
quarter of 1996.
    For the first nine months of 1996, income from continuing operations was
$5.5 million or $1.21 per share compared to $3.3 million or $.86 per share in
the same period last year.  Net income was $5.5 million or $1.21 per share
compared to $3.9 million or $1.02 per share in 1995.
    Lawrence P. Klamon, President of Fuqua Enterprises, Inc., stated, "The
results of both Fuqua's medical products operations and its leather operations
continued to improve each month of the third quarter of 1996 and, based on
current backlogs, this favorable trend is expected to continue into the fourth
quarter."
    Fuqua is a manufacturer and distributor of medical equipment and
furnishings for the acute, long-term and home health care markets.  Fuqua also
produces a broad line of leathers that are sold to manufacturers of shoes,
handbags, personal leather goods and furniture in both the U.S. and foreign
markets.

                     FUQUA ENTERPRISES, INC.
           (Amounts in thousands except per share data)

                        For the three months  For the nine months
                           Ended Sept. 30       Ended Sept. 30
                            1996     1995       1996      1995
       Revenues:
    Net sales             $49,655   $27,923  $127,053   $85,665
    Investment income         572       210     1,839       576
    Total revenue          50,227    28,133   128,892    86,241
       Costs and Expenses:
    Cost of sales          38,210    23,475    98,584    73,183
    Selling, general
     and administrative
     expenses               7,881     2,431    19,682     7,042
    Interest expense          862       198     1,956       713
    Total costs and
     expenses              46,953    26,104   120,222    80,938
    Income from continuing
     operations before
     income taxes           3,274     2,029     8,670     5,303
    Income taxes            1,187       708     3,145     1,971
    Income from continuing
     operations             2,087     1,321     5,525     3,332
       Discontinued operations:
    Income (loss) from discontinued
     operations, net            0      (651)        0       602
    Net income             $2,087    $  670   $ 5,525   $ 3,934
       Per share:
    Income from continuing
     operations            $ 0.46    $ 0.34   $  1.21   $  0.86
    Net income             $ 0.46    $ 0.17   $  1.21   $  1.02
    Avg. common shares and common
     share equivs.          4,565     3,870     4,554     3,864

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