NASH FINCH SLASHES PROFIT OUTLOOK

MINNEAPOLIS -- The stock of Nash Finch Co. here plunged nearly 30% after the company said its earnings for the year would be far below projections.The company said the recent acquisition of two warehouses from Roundy's Supermarkets, Milwaukee, Wis., distracted Nash Finch from its other operations.It said retail gross profit margins declined due to "inadequate execution in pricing," while wholesale

MINNEAPOLIS -- The stock of Nash Finch Co. here plunged nearly 30% after the company said its earnings for the year would be far below projections.

The company said the recent acquisition of two warehouses from Roundy's Supermarkets, Milwaukee, Wis., distracted Nash Finch from its other operations.

It said retail gross profit margins declined due to "inadequate execution in pricing," while wholesale margins fell because of promotional spending by vendors. Integration costs fro

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