MONTVALE, N.J. -- A&P here said improved marketing programs helped boost comparable-store sales during the second quarter and first half ended Sept. 12.
alling 0.2% to $2.33 billion for the quarter and 0.6% to $5.41 billion for the half. However, after adjusting for the effect of the Canadian exchange rate, A&P said sales were up 1.3% for the quarter.
Net income dropped 30.1% to $11 million for the quarter and 21.7% for the half. The company said net income was affecte