PENN TRAFFIC COMPS RISE IN QUARTER; VOLUME SLIPS

SYRACUSE, N.Y. -- Penn Traffic Co. here said last week same-store sales turned positive for the 13-week third quarter ended Oct. 30 -- the first positive comps in more than three years.e company said was due to the sale or closure of 50 stores since the middle of last year.The company also said operating cash flow -- earnings before interest, taxes, depreciation and amortization -- jumped 56.4% to

SYRACUSE, N.Y. -- Penn Traffic Co. here said last week same-store sales turned positive for the 13-week third quarter ended Oct. 30 -- the first positive comps in more than three years.

Register to view the full article