Sales inch forward in Pathmark's fiscal 1Q

Pathmark Stores Inc has reported unaudited results for its fiscal first quarter ended April 30, 2005.

Pathmark Stores Inc has reported unaudited results for its fiscal first quarter ended April 30, 2005.

Sales for this quarter were $1.003 billion, an increase of 1.3% from $990.1 million in the first quarter a year earlier. Same-store sales rose 0.1% in the first quarter. The supermarket chain reported a net loss of $2.1 million in the first quarter of fiscal 2005 compared with a net loss of $1.8 million in the prior year’s first quarter.

Pathmark operates 142 supermarkets mainly in the New York, New Jersey, and Philadelphia metropolitan areas.

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