A&P U.S. SALES RECOVER, CANADA LAGS IN QUARTER

MONTVALE, N.J. -- A&P here said sales at its U.S. stores showed a "strong recovery" in the second quarter, but both sales and earnings at its Canadian operations continued to feel the effects of 1993's 14-week strike.James Wood, chairman and chief executive officer, said the second-quarter sales at the company's U.S. stores showed "a strong recovery with continuing identical-store sales up 2.9% and

MONTVALE, N.J. -- A&P here said sales at its U.S. stores showed a "strong recovery" in the second quarter, but both sales and earnings at its Canadian operations continued to feel the effects of 1993's 14-week strike.

James Wood, chairman and chief executive officer, said the second-quarter sales at the company's U.S. stores showed "a strong recovery with continuing identical-store sales up 2.9% and comparable-store sales, which include replacement stores, up 3.4% over the prior year."

Wood said earnings at A&P's U.S. stores were "moving in the same upward direction." In Canada, however, Wood said sales and earnings are still behind last year's results.

2ND-QUARTER RESULTS

Qtr Ended 9/10/94 9/11/93

Sales $2.39 billion $2.4 billion

Change -0.35%

Same-store +2.9%

Net Income $6.06 million $5.96 million

Change +1.7%

Inc/Share 16 cents 15 cents

28 Weeks 1994 1993

Sales $5.62 billion $5.68 billion

Change -1.1%

Net Income $8.35 million $23 million

Change -63.7%

Inc/Share 22 cents 60 cents