BRUNO'S SALES, EARNINGS RISE

BIRMINGHAM, Ala. -- Under a new fiscal calendar, Bruno's here reported net earnings of $4.2 million for the 13-week first quarter ended April 27 vs. a $4.6 million net loss in a 14-week quarter a year ago.ble 13-week periods.According to William J. Bolton, chief executive officer, "Sales for the quarter were good, despite competitive pressures, including the opening of seven new Wal-Mart Supercenters

BIRMINGHAM, Ala. -- Under a new fiscal calendar, Bruno's here reported net earnings of $4.2 million for the 13-week first quarter ended April 27 vs. a $4.6 million net loss in a 14-week quarter a year ago.

ble 13-week periods.

According to William J. Bolton, chief executive officer, "Sales for the quarter were good, despite competitive pressures, including the opening of seven new Wal-Mart Supercenters in our trade area. Our margins are improving as we continue to make progress on shrinkage control. Also, our cash position remains very strong."

1ST-QUARTER RESULTS

Qtr Ended 4/27/96 4/8/95

Sales $732.7 million $763.3 million

Change + 3.4%*

Same-store + 1.5%

Net Income $4.2 million ($4.6 million)

Inc/Share 17 cents 6 cents

*For comparable 13-week periods.