HOMEGROCER EXPERIENCES MAJOR GROWTH

KIRKLAND, Wash. -- HomeGrocer.com here said growth in Southern California market sparked an elevenfold increase in sales for its fiscal first quarter ended April 1.3% from $1.8 million during the same period in 1999. Its loss of $43.4 million, or $35.3 million excluding amortization of $8.1 million of stock-based compensation, was in-line with analysts' estimates, according to First Call.Repeat customers

KIRKLAND, Wash. -- HomeGrocer.com here said growth in Southern California market sparked an elevenfold increase in sales for its fiscal first quarter ended April 1.

3% from $1.8 million during the same period in 1999. Its loss of $43.4 million, or $35.3 million excluding amortization of $8.1 million of stock-based compensation, was in-line with analysts' estimates, according to First Call.

Repeat customers accounted for 77% of HomeGrocer's orders and the average order size was

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