Filed pursuant to Rule 424(b)(3)
Registration No. 333-360
STEWART ENTERPRISES, INC.
SUPPLEMENT TO PROSPECTUS DATED MARCH 21, 1996
On June 21, 1996, the Company effected a three-for-two stock
split in the form of a 50% stock dividend. Therefore, the number
of shares to which this Prospectus relates was increased,
effective as of such date, from 3,000,000 shares to 4,500,000
shares of Class A Common Stock. Additionally, the per share data
in the Summary Financial and Operating Data table included in
this Prospectus is restated as follows to reflect the split:
Summary Financial and Operating Data
<TABLE>
<CAPTION>
Three Months
Year Ended October 31, Ended January 31,
___________________________________________ ________________
1991 1992 1993 1994 1995 1995 1996
_____ _____ _____ _____ _____ _____ _____
<S> <C> <C> <C> <C> <C> <C> <C>
Statement of Earnings Data:
Earnings per common share from
continuing operations:<F3> . . . . . . . . . . $ .58<F1> $ .64 $ .71 $ .85 $ .72<F2> $ .26 $ .30
======= ====== ====== ====== ======= ====== ======
Weighted average common shares outstanding
(in thousands)<F3> . . . . . . . . . . . . . . 15,867 22,239 26,535 31,910 36,386 32,958 41,031
======= ====== ====== ====== ======= ======= =======
Dividends declared per common share<F3> . . . . . $ -- $.005 $.018 $.027 $.033 $.007 $.013
======= ====== ====== ====== ======= ====== =======
____________________
<FN>
<F1> Includes a pre-tax gain of approximately $1.3 million ($.5
million, or $.03 per share, after taxes and other
adjustments), resulting principally from the refinancing of
obligations of affiliated limited partnerships following
the Company's initial public offering in October 1991.
<F2> Includes a non-recurring, non-cash charge of $17.3 million
($10.9 million, or $.30 per share, after-tax) recorded
during the third quarter of fiscal year 1995 in connection
with the vesting of the Company's performance-based stock
options.
<F3> Fiscal 1993 and prior reflects the Company's three-for-two
split of its Class A and Class B Common Stock effected
December 1, 1993 by means of a 50% stock dividend.
Additionally, all per share data reflects the Company's
three-for-two split of its Class A and Class B Common Stock
effected June 21, 1996 by means of a 50% stock dividend.
</FN>
</TABLE>
_______________________________
This Supplement is dated June 21, 1996.
