FREEHOLD, N.J. -- Foodarama Supermarkets here said sales for the 13-week second quarter ended May 3 totaled $155.99 million for 20 stores, compared with $140.82 million for its 18 stores operating in the year-ago quarter.
are, in 1996. Earnings before interest, taxes, depreciation and amortization for the quarter were $3.60 million, compared with $3.58 million last year.
Sales for the 26 weeks ended May 3 were $319.34 million for the 20 stores in operation, compared with $287.12 million for the 18 stores open during the same period last year. Same-store sales increased 1.9%, the company said.
Net income was $248,000, or 17 cents per share, compared with $870,000, or 72 cents per share, a year ago.
The EBITDA for the first six months of 1997 were $7.52 million, compared with $7.83 million in 1996.
2ND-QUARTER RESULTS
Qtr Ended 5/3/97 4/27/96
Sales $155.99 million $140.82 million
Change + 9.7%
Same-store + 0.9%*
Net Income $72,000 $374,000
Inc/Share 4 cents 31 cents
26 Weeks 1997 1996
Sales $319.34 million $287.12 million