ARDEN GROUP VOLUME RISES 1.1% AS EXPENSES CUT PROFIT 90.6%

LOS ANGELES -- Sales at Arden Group here nudged up in the first quarter ended March 30, but expenses from a new Gelson's Markets unit drained earnings.ses from subleasing the company's former headquarters were incurred, Arden reported. Sales rose 1.1% to $60.6 million from $59.9 million, and same-store sales increased 0.9%.1ST-QUARTER RESULTSQtr Ended 3/30/96 4/1/95Sales $60.6 million $59.9 millionChange

LOS ANGELES -- Sales at Arden Group here nudged up in the first quarter ended March 30, but expenses from a new Gelson's Markets unit drained earnings.

ses from subleasing the company's former headquarters were incurred, Arden reported. Sales rose 1.1% to $60.6 million from $59.9 million, and same-store sales increased 0.9%.

1ST-QUARTER RESULTS

Qtr Ended 3/30/96 4/1/95

Sales $60.6 million $59.9 million

Change + 1.1%

Same-store + 0.9%

Register to view the full article

test - Advanced Registered User

Already a member? .