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Subject: Companies In The Leading Industry
Date: Tue, 3 Nov 92 12:44:32 EST
Message-ID: <6.1992Nov3.124433@AmeriCast.com>

11/3/92


TITLE Companies In The Leading Industry #m#ak#m#Bombay Is A
Leader In Home Furnishings The Retail - Home Furnishings group is
a top performer thanks to leaders Bombay Co. and Heilig Meyers
Co. The 14-stock group is up 32.4% since Jan. 1, compared with
only 0.4% for the Standard & Poor's 500-stock index. Last week,
it gained 3.1%.  Bombay-
 has surged 155% from a January low of 15. The stock currently is
trading near a recently established all-time high of 393/8.
Behind the move this year are three quarters of triple-digit
earnings growth of at least 233%.

The Fort Worth, Texas-based company sells English-style reproduc-
tion furniture, prints and accessories through more than 300
stores in the U.S. and Canada. In October, the company said it
planned to open 20 superstores by Christmas 1992, up from eight
that were originally planned.  Heilig Meyers has had a rocky
year, but has managed to gain nearly 50% since Jan. 1 and
currently is trading near a high of 39. Heilig, based in Rich-
mond, Va., operates nearly 400 home furnishing stores in the
Southeast. Heilig's earnings gains have been more modest than
Bombay's. It has strung together four quarters of double-digit
growth of at least 18%. But in the past 12 months, Heilig's sales
have totaled $580 million, compared with Bombay's $184 million.

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