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HANNAFORD REGISTERS GAINS IN VOLUME AND NET EARNINGS

SCARBOROUGH, Maine -- Hannaford Bros. here reported sales and net earnings gains for the second quarter and first half ended June 29.to $19.5 million from $19 million last year. Same-store sales were up 2.8%.For the 26-week half, sales climbed 15.1% to $1.4 billion from $1.2 billion a year before. Net earnings rose 1.8% to $34.2 million from $33.6 million. Same-store sales increased 3.3% in the six

SCARBOROUGH, Maine -- Hannaford Bros. here reported sales and net earnings gains for the second quarter and first half ended June 29.

to $19.5 million from $19 million last year. Same-store sales were up 2.8%.

For the 26-week half, sales climbed 15.1% to $1.4 billion from $1.2 billion a year before. Net earnings rose 1.8% to $34.2 million from $33.6 million. Same-store sales increased 3.3% in the six months.

"We are pleased with our second-quarter and half-year results, which are in line with our expectations and consistent with projections," according to Hugh G. Farrington, president and chief executive officer. Gross margins were up in the quarter and half, he noted.

2ND-QUARTER RESULTS

Qtr Ended 6/29/96 7/1/95

Sales $729.1 million $634.8 million

Change + 14.9%

Same-store + 2.8%

Net Income $19.5 million $19 million

Change + 2.5%

Inc/Share 46 cents 45 cents

26 Weeks 1996 1995

Sales $1.4 billion $1.2 billion

Change + 15.1%

Same-store + 3.3%

Net Income $34.2 million $33.6 million

Change + 1.8%

Inc/Share 81 cents 80 cents