SMART & FINAL POSTS VOLUME, PROFIT INCREASES FOR QUARTER

VERNON, Calif. -- Smart & Final here said sales and earnings increased for the first quarter ended March 23.n -- including a 6% jump in store sales to $224 million and a 17% rise in food-service distribution sales to $83 million.Same-store sales for the quarter rose 1.9% -- with comparable sales up 4.4% during the last month of the quarter, the company said, following implementation of lower pricing

VERNON, Calif. -- Smart & Final here said sales and earnings increased for the first quarter ended March 23.

n -- including a 6% jump in store sales to $224 million and a 17% rise in food-service distribution sales to $83 million.

Same-store sales for the quarter rose 1.9% -- with comparable sales up 4.4% during the last month of the quarter, the company said, following implementation of lower pricing on key items in late February in a program called "New Sliced Prices."

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