FLEMING REINS COSTS, HIKES EARNINGS 155% IN QUARTER

OKLAHOMA CITY -- Fleming Cos. here said carefully managed margin improvements and expense controls propelled the company to a 155% increase in fourth-quarter earnings. r share for the quarter were 27 cents in 1996, up 145% over the 11 cents per share for the fourth quarter in 1995. Net sales for the quarter were $3.87 billion, down 7% from $4.14 billion for the same period in 1995.The company noted

OKLAHOMA CITY -- Fleming Cos. here said carefully managed margin improvements and expense controls propelled the company to a 155% increase in fourth-quarter earnings.

r share for the quarter were 27 cents in 1996, up 145% over the 11 cents per share for the fourth quarter in 1995. Net sales for the quarter were $3.87 billion, down 7% from $4.14 billion for the same period in 1995.

The company noted that for the fiscal year, there was a "shortfall" in sales in its food distrib

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