RALPHS EARNINGS DROP AS QUARTER SALES RISE

COMPTON, Calif. -- Ralphs Grocery Co. here reported increased sales and decreased earnings for the third quarter ended Oct. 9 and decreased sales and earnings for the year to date.$1.86 billion for the year to date. Same-store sales fell 3.1% for the quarter and 3.8% for the 36 weeks.Cash flow rose to 8.5% of sales, or $52 million, or the quarter, compared with 8.1% and $49.6 million a year ago; for

COMPTON, Calif. -- Ralphs Grocery Co. here reported increased sales and decreased earnings for the third quarter ended Oct. 9 and decreased sales and earnings for the year to date.

$1.86 billion for the year to date. Same-store sales fell 3.1% for the quarter and 3.8% for the 36 weeks.

Cash flow rose to 8.5% of sales, or $52 million, or the quarter, compared with 8.1% and $49.6 million a year ago; for the 36 weeks, cash flow rose to 8.4% of sales, or $156.1 million, compared w

Register to view the full article

Already a member? .