SCHULTZ NET GAINS 16.5% IN QUARTER

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here said improved wholesale operations helped increase net income 16.5% to $1.4 million in the second quarter ended July 16.s principally attributable to the increased contribution from wholesale operations."In accordance with the company's strategic plan, the reduction in margin due to greater emphasis on wholesale compared to retail sales was more than offset

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here said improved wholesale operations helped increase net income 16.5% to $1.4 million in the second quarter ended July 16.

s principally attributable to the increased contribution from wholesale operations.

"In accordance with the company's strategic plan, the reduction in margin due to greater emphasis on wholesale compared to retail sales was more than offset by the operating expenses that were eliminated by the company as a resul

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