INDIANAPOLIS -- Marsh Supermarkets here said sales and earnings increased during the third quarter and 40 weeks ended Jan. 2.
le comparable-store sales increased 7% for the quarter.
Net income jumped 60% to $3.2 million for the quarter and 155.8% to $8.7 million for the year-to-date, the company said.
3rd-QUARTER RESULTS
Qtr Ended 1/2/99 1/3/98
Sales $383 million $356.2 million
Change +7.5%
Comp-store +7.0%
Net Income $3.2 million $2.0 million
Change +60%
Inc/share 38 cents 24 cents
40 Weeks 1998 1997
Sales $1.2 billion $1.2 billion
Change $5.7%
Comp-store N/A
Net Income $8.7 million $3.4 million
Change 155.8%
Inc/Share $1.05 41 cents