MILAN, Ill. -- Eagle Food Centers here said higher expense levels caused reduced operating margins, resulting in a $4.5 million net loss for the first quarter ended April 29. That compared to a $361,000 net loss the previous year, which included $1.1 million of non-recurring expenses, primarily due to start-up costs of its targeted marketing program. Net sales for the quarter decreased 1.8% to $245.5 million from $250.1 million. Same-store sales dropped 0.8% for the quarter. The company ...
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