RICHFOOD OPERATING NET UP; CHARGES TRIM '95 EARNINGS

RICHMOND, Va. -- Richfood Holdings here said sales and operating earnings reached record levels for the year ended April 27, which included charges from its merger with Super Rite Corp., Harrisburg, Pa.n extraordinary net loss of $2.2 million related to early extinguishment of certain Super Rite debt after the company's repurchase of Super Rite shares. Excluding those charges, net income rose 19.9%

RICHMOND, Va. -- Richfood Holdings here said sales and operating earnings reached record levels for the year ended April 27, which included charges from its merger with Super Rite Corp., Harrisburg, Pa.

n extraordinary net loss of $2.2 million related to early extinguishment of certain Super Rite debt after the company's repurchase of Super Rite shares. Excluding those charges, net income rose 19.9% to $47 million, Richfood said. Operating results include 52 weeks of operation in fisc

Register to view the full article

Already a member? .