CARR GOTTSTEIN SALES DOWN, EBITDA RISES FOR QUARTER

ANCHORAGE, Alaska -- Carr Gottstein Foods Co. here said sales for the first quarter ended March 29 decreased $6.4 million, or 4.5%, from $141.5 million in 1997 to $135.1 million in 1998. Excluding the 1997 sales attributable to YES Foods, which was closed during the third quarter of 1997, sales decreased $0.6 million, or 0.4%to $10.0 million, or 7.4% of sales, in the 1998 quarter.The improved EBITDA

ANCHORAGE, Alaska -- Carr Gottstein Foods Co. here said sales for the first quarter ended March 29 decreased $6.4 million, or 4.5%, from $141.5 million in 1997 to $135.1 million in 1998. Excluding the 1997 sales attributable to YES Foods, which was closed during the third quarter of 1997, sales decreased $0.6 million, or 0.4%

to $10.0 million, or 7.4% of sales, in the 1998 quarter.

The improved EBITDA was primarily attributable to strong gross margins combined with lower ope

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