FOODARAMA POSTS SALES, EARNINGS INCREASE

FREEHOLD, N.J. -- Strong same-store sales helped Foodarama Supermarkets here post a sales increase of 6.2% and an earnings increase of 65% for its fiscal first quarter ended Jan. 29.2% from $5.0 million to $5.6 million. Same-store sales gained by 6.2%, which contributed to stronger earnings, said Michael Shapiro, chief financial officer of Foodarama.

FREEHOLD, N.J. -- Strong same-store sales helped Foodarama Supermarkets here post a sales increase of 6.2% and an earnings increase of 65% for its fiscal first quarter ended Jan. 29.

2% from $5.0 million to $5.6 million. Same-store sales gained by 6.2%, which contributed to stronger earnings, said Michael Shapiro, chief financial officer of Foodarama.

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