UWG Sales Up, Net Income Down

LOS ANGELES -- Unified Western Grocers here yesterday said net income for its first fiscal quarter, which ended Dec. 30, was down by about 40%, to $3.46 million, compared with year-ago levels, but operating income was down slightly less, to $16.3 million, vs. $16.6 million a year ago.

LOS ANGELES -- Unified Western Grocers here yesterday said net income for its first fiscal quarter, which ended Dec. 30, was down by about 40%, to $3.46 million, compared with year-ago levels, but operating income was down slightly less, to $16.3 million, vs. $16.6 million a year ago. The company said both patronage dividends and income taxes increased in the most recent quarter, compared with the preceding-year period. In the wholesale division, which does not include the co

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