FOOD LION NET UP 13%, SALES 4% IN 2ND QUARTER

SALISBURY, N.C. -- Food Lion here said last week net income increased 13.4% to $34.8 million in the second quarter ended June 18.at the end of the current second quarter.Same-store sales increased 2.8% in the quarter, which followed a 3% increase in the first quarter. Food Lion said the timing of the Easter holiday, which fell in the first quarter this year and the second quarter in 1993, negatively

SALISBURY, N.C. -- Food Lion here said last week net income increased 13.4% to $34.8 million in the second quarter ended June 18.

at the end of the current second quarter.

Same-store sales increased 2.8% in the quarter, which followed a 3% increase in the first quarter. Food Lion said the timing of the Easter holiday, which fell in the first quarter this year and the second quarter in 1993, negatively impacted the same-store sales result in the current quarter. Net income as

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