BOISE, Idaho -- Albertson's here said sales increased 7% to a record $2.9 billion in the first quarter ended May 5. Same-store sales increased 3% in the quarter, which, according to securities analysts, ranks among the best same-store sales performances in the industry. Albertson's net earnings also hit a record level in the 13-week period, rising 6.3% to $78.8 million. Excluding a $6.4 million charge (3 cents per share) related to an accounting change for retirement benefits, Albertson's ...
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