QUARTER, 36-WEEK VOLUME CLIMBS FOR JITNEY-JUNGLE

JACKSON, Miss. -- Jitney-Jungle Stores of America here said same-store sales fell while last year's acquisition of Mobile, Ala.-based Delchamps helped boost sales for the third quarter and 36 weeks ended Sept. 12. quarter rose to $667,000, compared with a loss a year ago; for the 36-week period the company said it had a loss of $7.9 million.The company said earnings before interest, income taxes,

JACKSON, Miss. -- Jitney-Jungle Stores of America here said same-store sales fell while last year's acquisition of Mobile, Ala.-based Delchamps helped boost sales for the third quarter and 36 weeks ended Sept. 12.

quarter rose to $667,000, compared with a loss a year ago; for the 36-week period the company said it had a loss of $7.9 million.

The company said earnings before interest, income taxes, LIFO provision, depreciation and amortization jumped 80.3% to $31 million, or 6.5% of sales, for the quarter and 44% to $76.3 million, or 5.3% of sales, for the year to date.

Gross profits as a percentage of net sales were 27.5% for the quarter, compared with 25.2% a year ago, and 26.2% for the nine months, compared with 25.3% a year ago.

3rD-QUARTER RESULTS

Qtr Ended 9/12/98 9/20/97

Sales $474.4 million $286.7 million

Change + 65.5%

Same-store - 6.2%

Net Income $667,000 ($1.6 million)

Inc/Share N/A

36 Weeks 1998 1997

Sales $1.4 billion $873.6 million

Change + 64%

Same-store - 4.4%

Net Income ($7.9 million) $296,000

Inc/Share N/A