AMERICAN THIRD QUARTER SALES DOWN, EARNINGS UP

SALT LAKE CITY -- American Stores Co. here reported decreased sales and increased earnings for the third quarter and nine months ended Oct. 29.gain of 50 cents per share related to the sale of American's 33-store Star Market division based in Cambridge, Mass.; a charge of 13 cents per share related to store closings, and a charge of 10 cents per share was attributable to costs stemming from centralization

SALT LAKE CITY -- American Stores Co. here reported decreased sales and increased earnings for the third quarter and nine months ended Oct. 29.

gain of 50 cents per share related to the sale of American's 33-store Star Market division based in Cambridge, Mass.; a charge of 13 cents per share related to store closings, and a charge of 10 cents per share was attributable to costs stemming from centralization and consolidation of information technology and accounting.

Sales for t

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