SEAWAY 1 ST QUARTER BUILT ON DAIRY SALE, HIGH TECH

MAUMEE, Ohio -- Seaway Food Town here credited a strong first-quarter performance to the sale of its dairy and improved information systems.The company reported net income of $1.1 million for the period ended Nov. 26, compared with a loss of $505,000 for the year-ago period.Sales for the quarter were up 3.4% to $134 million from $132.5 million. Same-store sales rose 3.3%.Late last year, Seaway sold

MAUMEE, Ohio -- Seaway Food Town here credited a strong first-quarter performance to the sale of its dairy and improved information systems.

The company reported net income of $1.1 million for the period ended Nov. 26, compared with a loss of $505,000 for the year-ago period.

Sales for the quarter were up 3.4% to $134 million from $132.5 million. Same-store sales rose 3.3%.

Late last year, Seaway sold its dairy, Toledo Milk Processing, to Country Fresh Dairy, Grand R

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TAGS: Dairy