SHEBOYGAN, Wis. -- Schultz Sav-O Stores here said net income rose 8.1% for the year and 2.5% for the fourth quarter. Sales fell 1.5% for the year and rose 0.8% for the quarter.
retail sales.
It said the sales decline was due to a combination of factors, including the termination of one wholesale customer and the sale of one corporate retail store.