Pathmark Posts First Profit in Three Years

CARTERET, N.J. In results that should come as welcome news to A&P, Pathmark Stores here last week reported a quarterly profit for the first time in three years. Cost reductions and improvements in merchandising helped Pathmark post a $1.7 million profit in the 14-week fiscal fourth quarter, which ended Feb. 3. Pathmark lost $14.6 million in the 13-week fourth quarter a year ago, and had not turned

CARTERET, N.J. — In results that should come as welcome news to A&P, Pathmark Stores here last week reported a quarterly profit for the first time in three years.

Cost reductions and improvements in merchandising helped Pathmark post a $1.7 million profit in the 14-week fiscal fourth quarter, which ended Feb. 3. Pathmark lost $14.6 million in the 13-week fourth quarter a year ago, and had not turned a quarterly profit since the fourth quarter of fiscal 2003.

A&P

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