PENN TRAFFIC POSTS PROFIT

SYRACUSE, N.Y. -- Penn Traffic here, which has filed a plan of reorganization with the U.S. Bankruptcy Court, said sales for the five-week period ended July 31 totaled $130.3 million, with a net income of $1.2 million and an operating income of $4.9 million.ion plan. Penn Traffic officials said the company hopes to emerge from bankruptcy in late October or early November, approximately 17 months after

SYRACUSE, N.Y. -- Penn Traffic here, which has filed a plan of reorganization with the U.S. Bankruptcy Court, said sales for the five-week period ended July 31 totaled $130.3 million, with a net income of $1.2 million and an operating income of $4.9 million.

ion plan. Penn Traffic officials said the company hopes to emerge from bankruptcy in late October or early November, approximately 17 months after it filed for Chapter 11 protection at the end of May 2003.

In other Penn Tr

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