AMERICAN STORES CHARGE AFFECTS QUARTER, YEAR NET

SALT LAKE CITY -- American Stores Co. here reported an increase in sales for the fourth quarter and year-to-date but a loss for the quarter and a decrease in net income for the year. The company said the income results are due to an extraordinary charge related to its pending merger with Albertson's, Boise, Idaho.$96.1 million for the same period last year.Net income was affected by a one-time charge

SALT LAKE CITY -- American Stores Co. here reported an increase in sales for the fourth quarter and year-to-date but a loss for the quarter and a decrease in net income for the year. The company said the income results are due to an extraordinary charge related to its pending merger with Albertson's, Boise, Idaho.

$96.1 million for the same period last year.

Net income was affected by a one-time charge of $132.6 million in common stock options on an after-tax basis -- or 47

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