SALES HIKE FOR QUARTER REPORTED BY FOODARAMA

FREEHOLD, N.J. -- Foodarama Supermarkets here reported higher sales, lower net earnings and higher EBITDA for the fourth quarter ended Oct. 31. eriod compared to 20 a year ago. Same store sales from the 19 stores operated in both periods increased 7.7%. The most recent same-store sales advances resulted from increased promotional activity and expenditures.Net income in the quarter fell 15.2% to $484,000,

FREEHOLD, N.J. -- Foodarama Supermarkets here reported higher sales, lower net earnings and higher EBITDA for the fourth quarter ended Oct. 31.

eriod compared to 20 a year ago. Same store sales from the 19 stores operated in both periods increased 7.7%. The most recent same-store sales advances resulted from increased promotional activity and expenditures.

Net income in the quarter fell 15.2% to $484,000, or 43 cents a share, from $571,000, or 51 cents, a year ago. The company

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