AMERICAN STORES' NET SURGES IN QUARTER

SALT LAKE CITY -- American Stores Co. here said total sales increased 2.6% to $4.87 billion for the 13-week first quarter ended May 2. Comparable store sales increased 0.9% over the prior year first quarter. Comparable store sales in the company's pharmacies increased 13.6% for the first quarter 1998.ion and the effects of increased competition, which are pressuring our sales and margins."The company

SALT LAKE CITY -- American Stores Co. here said total sales increased 2.6% to $4.87 billion for the 13-week first quarter ended May 2. Comparable store sales increased 0.9% over the prior year first quarter. Comparable store sales in the company's pharmacies increased 13.6% for the first quarter 1998.

ion and the effects of increased competition, which are pressuring our sales and margins."

The company opened or acquired 13 new stores, completed six remodels and closed 12 st

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