PROVIGO POSTS NET LOSS AS SALES FALL IN QUARTER

MONTREAL -- Provigo Inc. here reported slightly lower sales and a loss for the third quarter and 40 weeks ended Nov. 5. Excluding the company's U.S. subsidiary, Provigo Corp., which was sold Nov. 30, net income in Canada before an unusual item rose 20% to $8 million (U.S.) for the 12-week quarter and 30% to $29.5 million for the year to date. The unusual item was a net loss of $106.5 million, or $1.18

MONTREAL -- Provigo Inc. here reported slightly lower sales and a loss for the third quarter and 40 weeks ended Nov. 5. Excluding the company's U.S. subsidiary, Provigo Corp., which was sold Nov. 30, net income in Canada before an unusual item rose 20% to $8 million (U.S.) for the 12-week quarter and 30% to $29.5 million for the year to date. The unusual item was a net loss of $106.5 million, or $1.18 per share, from the sale of Provigo Corp., consisting principally of a write-off of the i

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