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HANNAFORD BROS. POSTS GAIN IN SALES FOR SECOND QUARTER

SCARBOROUGH, Maine -- Hannaford Bros. here reported a 6.4% sales increase for the second quarter ended June 28, despite a low inflation rate and a decline in the availability of food stamps in some of its key markets. share, earned in the year-ago quarter. Easter sales were included in the first quarter of 1997 and the second quarter of 1996. Before adjusting for Easter sales, same-store sales declined

SCARBOROUGH, Maine -- Hannaford Bros. here reported a 6.4% sales increase for the second quarter ended June 28, despite a low inflation rate and a decline in the availability of food stamps in some of its key markets.

share, earned in the year-ago quarter. Easter sales were included in the first quarter of 1997 and the second quarter of 1996. Before adjusting for Easter sales, same-store sales declined 0.8%. After adjusting for estimated Easter sales, same-store sales increased 0.4% in the quarter. In the first half, same-store sales increased 1.1%.

2ND-QUARTER RESULTS

Qtr Ended 6/28/97 6/29/96

Sales $775.7 million $729.1 million

Change + 6.4%

Same-store - 0.8%

Net Income $19.9 million $19.5 million

Change + 1.9%

Inc/Share 47 cents 46 cents

26 Weeks 1997 1996

Sales $1.5 billion $1.4 billion

Change + 8.2%

Same-store + 1.1%

Net Income $35.5 million $34.2 million

Change + 3.8%

Inc/Share 84 cents 81 cents