FOOD LION ROARS BACK WITH RECORD QUARTERLY GAIN

SALISBURY, N.C. -- Food Lion here, citing a federal tax refund of $12 million, said it achieved record earnings of $72.8 million for the third quarter ending September 12. company said. Food Lion said the refund followed an Internal Revenue Service audit of prior tax years and included interest earned.The company said sales rose 0.5% to $2.4 billion for the 12-week quarter and 1% to $7 billion for

SALISBURY, N.C. -- Food Lion here, citing a federal tax refund of $12 million, said it achieved record earnings of $72.8 million for the third quarter ending September 12.

company said. Food Lion said the refund followed an Internal Revenue Service audit of prior tax years and included interest earned.

The company said sales rose 0.5% to $2.4 billion for the 12-week quarter and 1% to $7 billion for the year to date, while same-store sales increased 1.8% for the quarter and 2.1

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