CASH-FLOW MARGIN IMPROVES IN SEAWAY'S THIRD QUARTER

MAUMEE, Ohio -- Seaway Food Town here said its cash-flow margin improved in the third quarter ended May 28, despite a sales decline of 3.9%.arter.Operating cash flow (or net income plus taxes, interest expense, depreciation and an inventory charge) totaled $5.8 million, or 4.22% of sales, in the third quarter. This compared with cash flow of $3.8 million, or 2.67% of sales, in last year's third quarter.The

MAUMEE, Ohio -- Seaway Food Town here said its cash-flow margin improved in the third quarter ended May 28, despite a sales decline of 3.9%.

arter.

Operating cash flow (or net income plus taxes, interest expense, depreciation and an inventory charge) totaled $5.8 million, or 4.22% of sales, in the third quarter. This compared with cash flow of $3.8 million, or 2.67% of sales, in last year's third quarter.

The company said its improved operating results were due to sl

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