SCHULTZ NET INCREASES

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here said an increased contribution from wholesale operations led to improved earnings for the fourth quarter and year ended Dec. 31.conversion to franchise units in 1993, combined with the termination of a three-store wholesale customer in northern Illinois during the first quarter of last year.For the 12-week quarter, the company reported net earnings of $1.6

SHEBOYGAN, Wis. -- Schultz Sav-O Stores here said an increased contribution from wholesale operations led to improved earnings for the fourth quarter and year ended Dec. 31.

conversion to franchise units in 1993, combined with the termination of a three-store wholesale customer in northern Illinois during the first quarter of last year.

For the 12-week quarter, the company reported net earnings of $1.6 million, a 14.3% increase. Earnings for the year increased 13.7% to $5.4 mi

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