SLOAN'S REPORTS HIKE IN VOLUME AND INCOME

NEW YORK -- Sloan's Supermarkets here said sales and earnings increased during the first quarter ended May 28. Sales for the 13-week quarter rose 0.6% to $12.1 million, while same-store sales were up about 1%, John Catsimatidis, chairman and chief executive officer, told SN. Net income for the 11-store operator rose 286.3% for the quarter to $218,290. Income from continuing operations rose 336% to

NEW YORK -- Sloan's Supermarkets here said sales and earnings increased during the first quarter ended May 28. Sales for the 13-week quarter rose 0.6% to $12.1 million, while same-store sales were up about 1%, John Catsimatidis, chairman and chief executive officer, told SN. Net income for the 11-store operator rose 286.3% for the quarter to $218,290. Income from continuing operations rose 336% to $220,865, while income from discontinued operations -- relating to the jewelry business that

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