FOOD LION REPORTS SALES, EARNINGS RISE IN QUARTER

SALISBURY, N.C. -- Food Lion here reported consolidated first-quarter sales rose 1.3% to $2.31 billion, with a 1.7% gain in same-store sales. .Earnings of $55.2 million, or 12 cents per share, represent an increase of 26.6% over earnings in the year-ago quarter of $43.6 million, or 9 cents per share, the company said. "During the quarter, we experienced positive sales trends for both Food Lion stores

SALISBURY, N.C. -- Food Lion here reported consolidated first-quarter sales rose 1.3% to $2.31 billion, with a 1.7% gain in same-store sales.

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