SUPER RITE SHOWS RECORD PROFITS

HARRISBURG, Pa. -- Super Rite Corp. here said an improved performance in both its wholesale and retail segments and an additional reporting week led it to record earnings for the fiscal year ended March 4.related to the sale of seven Basics stores in the Washington, D.C., area and a charge of $1.2 million related to a contingent stock option. Minus the charges, net income would have been $9.4 million,

HARRISBURG, Pa. -- Super Rite Corp. here said an improved performance in both its wholesale and retail segments and an additional reporting week led it to record earnings for the fiscal year ended March 4.

related to the sale of seven Basics stores in the Washington, D.C., area and a charge of $1.2 million related to a contingent stock option. Minus the charges, net income would have been $9.4 million, or $1.04 per share.

Sales for fiscal 1995 rose 17% to $1.5 billion compare

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