ANNUAL MEETING

NEW ORLEANS -- A&P, Montvale, N.J., is delighted with its 1999 performance but disappointed by its first-quarter financial results, Christian Haub, president and chief executive officer, told shareholders at last week's annual meeting here.ek quarter ended June 17] were not as strong as we anticipated," Haub said, "and even though we continued to grow our gross margins, we were not able to offset

NEW ORLEANS -- A&P, Montvale, N.J., is delighted with its 1999 performance but disappointed by its first-quarter financial results, Christian Haub, president and chief executive officer, told shareholders at last week's annual meeting here.

ek quarter ended June 17] were not as strong as we anticipated," Haub said, "and even though we continued to grow our gross margins, we were not able to offset higher expense levels, reflecting the costs of renewing our store base and building

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