FLEMING SEES YEAR FAILING EXPECTATIONS

OKLAHOMA CITY -- Fleming Cos. here said third-quarter and year-end results will be "well below expectations."Robert E. Stauth, chairman, president and chief executive officer, expressed disappointment and said third-quarter earnings would be adversely affected by a number of factors. These include greater-than-expected losses from certain company-owned stores, a higher tax rate and lower wholesale

OKLAHOMA CITY -- Fleming Cos. here said third-quarter and year-end results will be "well below expectations."

Robert E. Stauth, chairman, president and chief executive officer, expressed disappointment and said third-quarter earnings would be adversely affected by a number of factors. These include greater-than-expected losses from certain company-owned stores, a higher tax rate and lower wholesale sales in certain divisions.

He also said earnings will be affected by a larger

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