Albertson’s earnings rose 21.8% to $35.4 million...
Albertson’s earnings rose 21.8% to $35.4 million in the first quarter on an 11.1% increase in sales to $1.55 billion. The Boise, Ida.-based supermarket chain said it has continued to control operating and administrative expenses and that its effective tax rate was reduced from 41% in 1987 to 37% in 1988.
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