Mon, 1996-03-18 12:00
MONTVALE, N.J. -- A&P here said it had its best second-half performance since 1990 during the period ended Feb. 24.
for the 12-week quarter was $25.6 million, compared with $5.8 million a year ago.
After closing 124 stores in 1995, the company said sales fell 2.2% for the year and 1.7% for the quarter.
4TH-QUARTER RESULTS
Qtr Ended 2/24/96 2/25/95
Sales $2.3 billion $2.4 billion
Change - 1.7%
Same-store + 0.3%
Net Income $25.6 million $5.8 million
Change + 342.4%
Inc/Share 67 cents 15 cents
52 Weeks 1995 1994
Sales $10.1 billion $10.3 billion
Change - 2.2%
Same-store - 0.5%
Net Income $57.2 million ($171.5 million)
Inc/Share $1.50 ($4.49)
Syndicate
