Improved Margins Cut Pathmark Loss

CARTERET, N.J. Pathmark Stores here turned higher gross profits from flat comparable-store sales, reducing losses during its fiscal third quarter to $5.8 million, the company said last week. Pathmark lost $18.3 million in the same period a year ago. EBITDA improved to $30.3 million from $19 million, due to higher gross profits in almost all departments, particularly in produce, which outperformed

CARTERET, N.J. — Pathmark Stores here turned higher gross profits from flat comparable-store sales, reducing losses during its fiscal third quarter to $5.8 million, the company said last week.

Pathmark lost $18.3 million in the same period a year ago. EBITDA improved to $30.3 million from $19 million, due to higher gross profits in almost all departments, particularly in produce, which outperformed storewide comps by 4%, and illustrated benefits of a remerchandising program lau

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