QUALITY FOOD CENTERS SEES GROWTH IN VOLUME, EARNINGS

BELLEVUE, Wash. -- Quality Food Centers here had sales and earnings gains in the second quarter and half ended June 15..1 million in net interest expense from its March 1995 recapitalization, reported QFC, which acquired 15 stores and opened two last year. Sales rose 5% to $184.4 million from $175.5 million. Same-store sales were up 1.7%.For the 24-week half, sales climbed 14.8% to $361 million from

BELLEVUE, Wash. -- Quality Food Centers here had sales and earnings gains in the second quarter and half ended June 15.

.1 million in net interest expense from its March 1995 recapitalization, reported QFC, which acquired 15 stores and opened two last year. Sales rose 5% to $184.4 million from $175.5 million. Same-store sales were up 1.7%.

For the 24-week half, sales climbed 14.8% to $361 million from $314.5 million. Same-store sales gained 1.4%. Net earnings rose 20% to $10.9 million from $9.1 million.

2ND-QUARTER RESULTS

Qtr Ended 6/15/96 6/17/95

Sales $184.4 million $175.5 million

Change + 5%

Same-store + 1.7%

Net Income $6.2 million $5.3 million

Change + 17%

Inc/Share 42 cents 36 cents

24 Weeks 1996 1995

Sales $361 million $314.5 million

Change + 14.8%

Same-store + 1.4%

Net Income $10.9 million $9.1 million

Change + 20%

Inc/Share 74 cents 52 cents

Sponsored by: Tyson Deli

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