ROUNDY'S REPORTS ITS SALES, EARNINGS RISE IN FIRST QUARTER

PEWAUKEE, Wis. -- Roundy's here said sales for the first quarter ended March 29 rose 0.6% while earnings before patronage dividends rose 94.6% to $4.1 million. ed the addition of Rindt Stores, Sheboygan, Wis., a five-store chain that Roundy's purchased last July; the costs of disposing of four corporate stores that were underperforming, and the benefits of consolidating two Ohio divisions.1ST-QUARTER

PEWAUKEE, Wis. -- Roundy's here said sales for the first quarter ended March 29 rose 0.6% while earnings before patronage dividends rose 94.6% to $4.1 million.

ed the addition of Rindt Stores, Sheboygan, Wis., a five-store chain that Roundy's purchased last July; the costs of disposing of four corporate stores that were underperforming, and the benefits of consolidating two Ohio divisions.

1ST-QUARTER RESULTS

Qtr Ended 3/29/97 3/30/96

Sales $617.5 million $613.8 million

Change + 0.6%

Net Income $4.1 million $2.1 million*

Change + 94.6%

Net income prior to patronage dividends.