SEAWAY WRAPS UP IT THIRD RECORD FISCAL YEAR

MAUMEE, Ohio -- Seaway Food Town here said it had record earnings and increased sales for the year ended Aug. 29 -- the company's third consecutive year of record results. conversions, increased 0.3%.For the 13-week fourth quarter, net income fell 7.7% to $1.8 million, while sales increased 2.3% to $156.7 million and comparable-store sales rose 2%.Richard B. Iott, president and chief executive officer

MAUMEE, Ohio -- Seaway Food Town here said it had record earnings and increased sales for the year ended Aug. 29 -- the company's third consecutive year of record results.

conversions, increased 0.3%.

For the 13-week fourth quarter, net income fell 7.7% to $1.8 million, while sales increased 2.3% to $156.7 million and comparable-store sales rose 2%.

Richard B. Iott, president and chief executive officer of the 70-store chain, said the company ended the year "with a s

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