Pathmark registers solid sales increases

Pathmark Stores Inc, a supermarket chain operating 143 stores in the New York, New Jersey, and Philadelphia PA metropolitan areas, reported results for its third quarter and nine-month period ended Nov 1, 2003.

Sales in the third quarter of fiscal 2003 were $978.5 million, a 0.7% increase from $971.5 million in the prior yearÍs third quarter. The net loss was $0.2 million in the third quarter of fiscal 2003, unchanged from the third quarter a year earlier.

For the nine-month period of fiscal 2003, sales were $2,978.8 million, up 1.5% from the $2,935.6 million in the comparable nine-month period a year ago. Net earnings were $6.9 million in the nine-month period of fiscal 2003, versus $5.4 million in the same nine-month period. a year earlier.

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