FOODARAMA REVERSES LOSS IN THIRD QUARTER

FREEHOLD, N.J. -- Foodarama Supermarkets here, a ShopRite operator, reported net income of $384,000 in the third quarter, marking a turnaround from a loss in the year-ago period.t lost sales of $9 million during the strike.In the current 13-week quarter, Foodarama reported sales fell 10.1% to $150.8 million. Same-store sales fell 0.4% in the quarter and were flat in the year-to-date period, said Joseph

FREEHOLD, N.J. -- Foodarama Supermarkets here, a ShopRite operator, reported net income of $384,000 in the third quarter, marking a turnaround from a loss in the year-ago period.

t lost sales of $9 million during the strike.

In the current 13-week quarter, Foodarama reported sales fell 10.1% to $150.8 million. Same-store sales fell 0.4% in the quarter and were flat in the year-to-date period, said Joseph C. Troilo, senior vice president.

The sale of five stores in Lo

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