Wind-Downs, Utility Expenses Widen Quarterly Loss for A&P

Costs associated with the wind-down of assets in the Midwest and in New Orleans, as well as an increase in energy costs, contributed to a first-quarter loss of $43 million for A&P, the company said Friday.

MONTVALE, N.J. — Costs associated with the wind-down of assets in the Midwest and in New Orleans, as well as an increase in energy costs, contributed to a first-quarter loss of $43 million for A&P here, the company said Friday. A&P lost $6 million in the same period a year ago. The results for the quarter, which ended June 16, included a total of $125 million in losses in Michigan and New Orleans, offset by $78 million gained by sale of Metro Inc. stock. A&P recently sold 43 Farme

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