MAUMEE, Ohio -- Seaway Food Town here reported increases in sales and earnings for the fourth quarter and 52 weeks ended Aug. 26.
for the quarter jumped 79.1% to $1.25 million from $697,000. Last year's fourth quarter included a one-time after-tax charge of $123,000 related to the early retirement of $6.3 million of debt.
For the year, sales were up 2.4% to $559.2 million from $546.2 million. Same-store sales were up 2%.
Earnings for 12 months more than doubled to $4.5