SALES SLIP, NET INCOME CLIMBS FOR SCHULTZ

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here reported that net sales were down but earnings increased for the third quarter and nine months ended Oct. 7.llion. Earnings, however, rose 10.5% to $4.2 million.The company attributed its sales decreases to the termination of a three-store wholesale customer in Illinois in February 1994; the sale of one corporate retail store and its conversion into a franchise

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here reported that net sales were down but earnings increased for the third quarter and nine months ended Oct. 7.

llion. Earnings, however, rose 10.5% to $4.2 million.

The company attributed its sales decreases to the termination of a three-store wholesale customer in Illinois in February 1994; the sale of one corporate retail store and its conversion into a franchise unit at the end of fiscal 1994; and the close of one corporate store

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