PENN TRAFFIC SEES SALES AND EBITDA INCREASE IN 4TH QUARTER

SYRACUSE, N.Y. -- Penn Traffic Co. here said sales for the fourth quarter ended Feb. 3 increased thanks to improved holiday marketing, its store managers' in-store merchandising efforts and the positive impact of the loyalty card it introduced in its 70 Big Bear stores in September.fourth quarter. EBITDA for the quarter increased 1.8% to $32.1 million."Certainly we can say that our recovery period

SYRACUSE, N.Y. -- Penn Traffic Co. here said sales for the fourth quarter ended Feb. 3 increased thanks to improved holiday marketing, its store managers' in-store merchandising efforts and the positive impact of the loyalty card it introduced in its 70 Big Bear stores in September.

fourth quarter. EBITDA for the quarter increased 1.8% to $32.1 million.

"Certainly we can say that our recovery period is behind us," Joseph V. Fisher, Penn Traffic president and chief executive

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