KMART VOLUME, EARNINGS INCREASE IN THIRD QUARTER

TROY, Mich. -- Kmart Corp. here said last week that sales and earnings increased for the third quarter ended Oct. 27.e-store sales increased 3.2% for the quarter and 5.2% for the nine-month period.Net income jumped 13% to $43 million, or 9 cents per share, for the quarter but fell 91.5% to $14 million, or 3 cents per share, for the nine months following a nonrecurring charge of $230 million for discontinued

TROY, Mich. -- Kmart Corp. here said last week that sales and earnings increased for the third quarter ended Oct. 27.

e-store sales increased 3.2% for the quarter and 5.2% for the nine-month period.

Net income jumped 13% to $43 million, or 9 cents per share, for the quarter but fell 91.5% to $14 million, or 3 cents per share, for the nine months following a nonrecurring charge of $230 million for discontinued operations related to the disposition of certain operating leases

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