ARDEN GROUP INC. REPORTS EARNINGS.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Calif.--(BUSINESS WIRE)--Aug. 14, 1995--Arden Group Inc. today released its sales and income figures for the second quarters ended July July: see month. 1, 1995 and July 2, 1994 respectively. Arden Ar·den An unincorporated city of north-central California, a residential suburb of Sacramento. Population: 101,400. Arden, Elizabeth 1884?-1966. Group Inc. operates 12 Gelson's and Mayfair May·fair A fashionable district in the West End of London, England. It was named after an annual fair held in the district until 1708. supermarkets Supermarkets, past and present, include: Transnational Originating (HQ) country first. The rest in alphabetical order.
ARDEN GROUP INC. AND CONSOLIDATED SUBSIDIARY
Second Quarter Second Quarter
1995 (a) 1994 (a)
---------------- ----------------
Sales $60,317,000 $61,625,000(b)
================ ================
Operating Income $2,621,000 $2,875,000
Interest, dividend and other
income (expense), net 671,000(c) 321,000(c)
Unrealized gain (loss) on
marketable securities 427,000 (411,000)
----------------- -----------------
Income before income taxes 3,719,000 2,785,000
Income tax provision 1,473,000 1,118,000
----------------- -----------------
Net Income $2,246,000 $1,667,000
================= =================
Net income per common share $1.71 $1.03
================= =================
Weighted average common
shares outstanding 1,314,112 1,612,721
================= =================
Twenty-Six Weeks 1995 (a) Twenty-Six Weeks 1994 (a)
------------------------- -------------------------
Sales $120,258,000 $124,776,000 (b)
======================= =======================
Operating income $4,103,000 $4,459,000
Interest dividend
and other income
(expense), net 763,000 (c) 543,000 (c)
Unrealized gain (loss)
on marketable
securities 1,188,000 (1,304,000)
----------------------- -------------------------
Income before income
taxes 6,054,000 3,698,000
Income tax provision 2,383,000 1,484,000
----------------------- -------------------------
Net income $3,671,000 $2,214,000
======================= =========================
Net income per
common share $2.79 $1.37
======================= =========================
Weighted average
common shares
outstanding 1,314,112 1,612,721
======================= ========================
(a) Second quarter 1995 ended on July 1, 1995 and second quarter
1994 ended on July 2, 1994.
(b) Includes sales from GPS Pool Supply Inc. of $2,274,000 and
$4,612,000 for the second quarter and twenty-six weeks of 1994,
respectively. GPS Pool Supply Inc., a wholly owned subsidiary, was
sold in May 1994.
(c) Includes realized gains (losses) on the sale of marketable
securities of $130,000 and ($285,000) in the second quarters of 1995
and 1994, respectively. Gains (losses) on such sales were ($363,000)
and ($352,000) in the twenty-six weeks of 1995 and 1994,
respectively.
CONTACT: Ernest Er´nest n. 1. See Earnest. T. Klinger Klinger may refer to:
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