DOMINICK'S SALES HIT RECORD, BUT IPO MARS PROFIT PICTURE

NORTHLAKE, Ill. -- For the 15th consecutive year, Dominick's Finer Foods here reported record sales for the fiscal year, but an initial public offering this fall negatively affected earnings. pared with $544.6 million during last year's 12-week period. Comparable-store sales were up 1.3% for the quarter and 1.2% for the year. The increases were primarily due to the extra week in 1996 and the opening

NORTHLAKE, Ill. -- For the 15th consecutive year, Dominick's Finer Foods here reported record sales for the fiscal year, but an initial public offering this fall negatively affected earnings.

pared with $544.6 million during last year's 12-week period. Comparable-store sales were up 1.3% for the quarter and 1.2% for the year. The increases were primarily due to the extra week in 1996 and the opening of four new stores in the fourth quarter.

Operating cash flow of $34 million a

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