SMART & FINAL HELPED BY STRINGENT COST CONTROLS

LOS ANGELES -- Smart & Final here said last week more stringent cost controls helped return the company to profitability during the year and fourth quarter ended Jan. 2.income was $1.7 million, or 6 cents per share, compared with a loss of $13.6 million, or a 60-cent loss, a year ago.Sales for the year rose 7.9% to $1.8 billion, while same-store sales jumped 5.3%. For the quarter, sales increased

LOS ANGELES -- Smart & Final here said last week more stringent cost controls helped return the company to profitability during the year and fourth quarter ended Jan. 2.

income was $1.7 million, or 6 cents per share, compared with a loss of $13.6 million, or a 60-cent loss, a year ago.

Sales for the year rose 7.9% to $1.8 billion, while same-store sales jumped 5.3%. For the quarter, sales increased 5% to $420.3 million, while same-store sales rose 8.5%.

Ross Roeder

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