FARM FRESH REDUCES LOSS IN FIRST QUARTER

NORFOLK, Va. -- Farm Fresh here recorded a $3.7 million loss for the first quarter ended March 25, a 44.8% improvement over last year's $6.7 million loss.Sales increased 6.2% to $208.2 million. Same-store sales rose 3.2%.Despite positive comparable-store sales overall, same-store sales in the Richmond, Va., market were down 4.2% for the 12 weeks, according to a report by Steven Ruggiero, managing

NORFOLK, Va. -- Farm Fresh here recorded a $3.7 million loss for the first quarter ended March 25, a 44.8% improvement over last year's $6.7 million loss.

Sales increased 6.2% to $208.2 million. Same-store sales rose 3.2%.

Despite positive comparable-store sales overall, same-store sales in the Richmond, Va., market were down 4.2% for the 12 weeks, according to a report by Steven Ruggiero, managing director of high-yield research at Donaldson, Lufkin & Jenrette Securitie

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