A&P Sales Improve Despite Pathmark Profit Issues

A&P’s sharply devalued stock rebounded somewhat Tuesday after the retailer here reported increased second-quarter sales and reduced losses despite encountering additional transition problems that sunk margins at its newly acquired Pathmark stores.

MONTVALE, N.J. — A&P’s sharply devalued stock rebounded somewhat Tuesday after the retailer here reported increased second-quarter sales and reduced losses despite encountering additional transition problems that sunk margins at its newly acquired Pathmark stores. For the second quarter, which ended Sept. 6, A&P reported a loss of $17.4 million on sales of $2.2 billion, and adjusted EBITDA of $67.1 million. Comparable-store sales increased by 2.8%. Gross margins as a percent of sales

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