AMERICAN STORES' VOLUME, EARNINGS OFF IN 4TH QUARTER

SALT LAKE CITY -- American Stores Co. here said special charges related to its Delta initiative lowered earnings per share to 44 cents in the fourth quarter of its fiscal year ended Feb. 1, 1997. Without the special charges, earnings per share would have been 85 cents for the quarter, compared with 83 cents per share in the fourth quarter of the prior year. total sales were $18.7 billion, compared

SALT LAKE CITY -- American Stores Co. here said special charges related to its Delta initiative lowered earnings per share to 44 cents in the fourth quarter of its fiscal year ended Feb. 1, 1997. Without the special charges, earnings per share would have been 85 cents for the quarter, compared with 83 cents per share in the fourth quarter of the prior year.

total sales were $18.7 billion, compared with $18.3 billion in the prior year. Comparable-store sales were up 2.3% for the quarte

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