WOODBRIDGE, N.J. -- Pathmark Stores here said earnings more than doubled while sales rose slightly for the first quarter ended April 29.
Net income for the 13-week quarter increased 135% to $4 million, while sales rose 0.3% to $1.03 billion. Same-store sales, including replacement stores, increased 0.8%.
Operating cash flow was up 17% to $65.4 million, or 6.3% of sales, compared with $55.8 million, or 5.4% of sales, a year ago.
Operating earnings rose 14.7% to $44.6 mi