CARTERET, N.J. — Pathmark Stores here turned higher gross profits from flat comparable-store sales, reducing losses during its fiscal third quarter to $5.8 million, the company said last week.
Pathmark lost $18.3 million in the same period a year ago. EBITDA improved to $30.3 million from $19 million, due to higher gross profits in almost all departments, particularly in produce, which outperformed storewide comps by 4%, and illustrated benefits of a remerchandising program launched there a ...
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