SMART & FINAL CONSIDERING FLORIDA OPERATIONS SHUFFLE

VERNON, Calif. -- Smart & Final here said it is considering a restructuring of its Florida operations in the fourth quarter "that would position the company for resumed strong profit growth in 1998." n earnings. In addition, sales growth at stores outside the metropolitan Miami area have been slow, and marketing and distribution to these stores has been inefficient.Net income for the 16-week quarter

VERNON, Calif. -- Smart & Final here said it is considering a restructuring of its Florida operations in the fourth quarter "that would position the company for resumed strong profit growth in 1998."

n earnings. In addition, sales growth at stores outside the metropolitan Miami area have been slow, and marketing and distribution to these stores has been inefficient.

Net income for the 16-week quarter declined 15.5% to $6.8 million, while net income for the 40-week period r

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