SMART & FINAL POSTS SALES INCREASE

VERNON, Calif. -- Smart & Final here reported increased sales and lower earnings for the year and fourth quarter ended Jan. 2.the quarter to $200.6 million.The fourth-quarter and full-year period in 1993 had one less week than the year-ago comparable periods. Same-store sales increased 4.7% for the year and 6% for the quarter.Roger M. Laverty III, president and chief executive officer, said earnings

VERNON, Calif. -- Smart & Final here reported increased sales and lower earnings for the year and fourth quarter ended Jan. 2.

the quarter to $200.6 million.

The fourth-quarter and full-year period in 1993 had one less week than the year-ago comparable periods. Same-store sales increased 4.7% for the year and 6% for the quarter.

Roger M. Laverty III, president and chief executive officer, said earnings were impacted by changes in accounting procedures. In additio

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