SMART & FINAL EXPECTS EARNINGS SHORTFALL

VERNON, Calif. -- Smart & Final here said ongoing problems in its Florida operations will result in an earnings shortfall for the year and fourth quarter ending Jan. 4. restructuring options.Roger M. Laverty 3rd, president and chief executive officer, said earnings will fall below analysts' expectations of $1 to $1.10 per share for the fiscal year and 20 cents to 28 cents for the quarter before an

VERNON, Calif. -- Smart & Final here said ongoing problems in its Florida operations will result in an earnings shortfall for the year and fourth quarter ending Jan. 4.

restructuring options.

Roger M. Laverty 3rd, president and chief executive officer, said earnings will fall below analysts' expectations of $1 to $1.10 per share for the fiscal year and 20 cents to 28 cents for the quarter before an expected fourth-quarter special charge of 25 cents to 30 cents per share

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