FINANCIAL WATCH

Ralphs Grocery Co., Compton, Calif., said same-store sales rose 2.4% in the second quarter ended July 14, the first quarter of positive comparisons since its merger with Food 4 Less in June 1995. Sales in the 12 weeks rose 45% to $1.24 billion. Operating cash flow rose 6.4% for the quarter vs. the year-ago period and 14% above first-quarter results. 805.1 million a year before. Net income rose 4.4%

Ralphs Grocery Co., Compton, Calif., said same-store sales rose 2.4% in the second quarter ended July 14, the first quarter of positive comparisons since its merger with Food 4 Less in June 1995. Sales in the 12 weeks rose 45% to $1.24 billion. Operating cash flow rose 6.4% for the quarter vs. the year-ago period and 14% above first-quarter results.

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