DELCHAMPS SEES VOLUME, NET CLIMB IN 2ND QUARTER

MOBILE, Ala. -- Delchamps here reported a comparable-store sales increase of 7% during the second quarter ended Dec. 30, representing the company's third consecutive quarter of such increases.Overall sales increased 6.4% from $260.5 million to $277.1 million for the 13 weeks. Net income jumped 381% from $168,000 to $808,000.For the 26 weeks, sales were up 6.6% from $526.7 million to $561.7 million

MOBILE, Ala. -- Delchamps here reported a comparable-store sales increase of 7% during the second quarter ended Dec. 30, representing the company's third consecutive quarter of such increases.

Overall sales increased 6.4% from $260.5 million to $277.1 million for the 13 weeks. Net income jumped 381% from $168,000 to $808,000.

For the 26 weeks, sales were up 6.6% from $526.7 million to $561.7 million and comparable store sales were up 6.9%. Earnings dropped 96.8% from $1.6 mill

Register to view the full article

test - Advanced Registered User

Already a member? .