American Stores Co.: The Salt Lake City-based...
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From Times Staff and Wire Reports
American Stores Co.: The Salt Lake City-based supermarket and drugstore chain said second-quarter earnings jumped 52% to $37.5 million. Revenue was up 3.8% to $5.6 billion. The company said lower interest payments and the fact that no preferred-stock dividends were paid during the quarter boosted earnings results.
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