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PATHMARK SAME-STORE SALES UP IN THIRD QUARTER, 9 MONTHS

WOODBRIDGE, N.J. -- Pathmark Stores here said last week same-store sales increased but overall sales fell for the third quarter ended Nov. 1. 6% for the quarter and 0.8% for the nine months.Operating cash flow for the quarter fell 24.4% to $42.2 million, compared with $55.8 million a year ago, and 17.7% for the year to date to $141.1 million, compared with $171.5 million last year. Pathmark said it

WOODBRIDGE, N.J. -- Pathmark Stores here said last week same-store sales increased but overall sales fell for the third quarter ended Nov. 1.

6% for the quarter and 0.8% for the nine months.

Operating cash flow for the quarter fell 24.4% to $42.2 million, compared with $55.8 million a year ago, and 17.7% for the year to date to $141.1 million, compared with $171.5 million last year. Pathmark said it had a net loss of $11.3 million for the quarter, compared with a net loss of $3.6 million a year ago, and a net loss for the nine months of $34.9 million, compared with a net loss of $10.8 million a year ago.

3RD-QUARTER RESULTS

Qtr Ended 11/1/97 11/2/96

Sales $901.0 million $911.1 million

Change - 1.1%

Same-store + 0.6%

Net Income ($11.3 million) ($3.6 million)

39 Weeks 1997 1996

Sales $2.8 billion $2.8 billion

Change None

Same-store + 0.8%

Net Income ($34.9 million) ($10.8 million)