Schultz Sav-O Reports Record First Quarter Sales, Earnings Per Share.

Business Wire (May 09, 2001)


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Headnotes:

Extract:

Schultz Sav-O Reports Record First Quarter Sales, Earnings Per Share.

Business Editors

SHEBOYGAN, Wis.--(BUSINESS WIRE)--May 9, 2001

Supermarket Retailer's Board Proposes Holding Company Structure

and Related Name Change to Facilitate Acquisition

Strategy, Declares Second Quarter Dividend

Schultz Sav-O Stores, Inc. (Nasdaq: SAVO) today reported record sales and earnings per share for the first quarter of 2001 ending April 21, 2001.

Net sales for the first quarter of 2001 were a record $155.7 million, a 5.4% increase over last year's first quar...



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