ARDEN GROUP POSTS VOLUME, PROFIT GAINS

LOS ANGELES -- Arden Group, parent company here of Encino, Calif.-based Gelson's Markets and Mayfair Markets, said sales and earnings increased for the third quarter ended Sept. 30. Net income for the 13-week quarter rose 43.6% to $1.8 million, while total sales and same-store sales increased 2.1% to $61 million. For the 39 weeks, net income rose 57.8% to $5.5 million, while total sales and same-store

LOS ANGELES -- Arden Group, parent company here of Encino, Calif.-based Gelson's Markets and Mayfair Markets, said sales and earnings increased for the third quarter ended Sept. 30. Net income for the 13-week quarter rose 43.6% to $1.8 million, while total sales and same-store sales increased 2.1% to $61 million. For the 39 weeks, net income rose 57.8% to $5.5 million, while total sales and same-store sales fell 1.8% to $181.2 million. The company said sales during the 39 weeks of the prio

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