Pathmark Stores (NASDAQ:PTMK)
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From Jun 2019 to Jun 2024
Pathmark Stores, Inc. (Nasdaq: PTMK) today reported that
John Standley, its Chief Executive Officer, will comment at the Lehman
Brothers Ninth Annual Retail Seminar this afternoon that same-store
sales for its first quarter ended April 29, 2006 decreased six basis
points, or were virtually flat. Preliminary total sales were $998.6
million compared to $1,002.5 million in the prior year's first
quarter. The company also announced that it expects to release its
first quarter earnings results on June 1, 2006.
About Pathmark Stores, Inc.
Pathmark is a regional supermarket chain currently operating 141
supermarkets in the New York - New Jersey and Philadelphia
metropolitan areas. Additional information about Pathmark may be found
at its website, www.pathmark.com.
Except for historical information contained herein, the matters
discussed in this release and the accompanying discussions on the
earnings conference call are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements relate to, among other things, operating costs, earnings
estimates, adjusted EBITDA, sales and capital expenditures and are
indicated by words or phrases such as "anticipates", "believes",
"expects", "forecasts", "guidance", "intends", "may", "plans",
"projects", "will" and similar words and phrases. By their nature,
such forward-looking statements are subject to risks, uncertainties
and other factors that could cause actual results to differ materially
from future results expressed or implied by such forward-looking
statements. These statements are based on management's assumptions and
beliefs in the light of information currently available to it and
assume no significant changes in general economic trends, consumer
confidence or other risk factors that may affect the forward-looking
statements. The Company expressly disclaims any current intention to
update the information contained herein. Factors that may affect
results include changes in business and economic conditions generally
and in the Company's operating areas, the competitive environment in
which the Company operates and other risks detailed from time to time
in the Company's reports and filings available from the Securities and
Exchange Commission. You should not place undue reliance on
forward-looking statements, which speak only as of the date they are
made.