FREEHOLD, N.J. -- Sales at Foodarama Supermarkets here dropped 4.5% in the second quarter and 4.4% in the half ended April 27.
in reported. Foodarama plans to open two stores in the third quarter. In the 26 weeks, sales decreased to $287.1 million vs. $300.2 million last year. Same-store sales for the 18 units rose 4.3% for the quarter and 4.9% for the half. Quarterly net income was $374,000 vs. a $1.2 million loss a year ago. In the half, net income was $870,000 vs. a $1.4 million loss a year before.