Di Giorgio earned $1.78 million for the...

Di Giorgio earned $1.78 million for the first quarter ended March 31, compared to $577,000 for the same period last year, Chairman Peter F. Scott said. Earnings from continuing operations were 17 cents per share in the first quarter of 1984. Net sales increased 8% from $242 million to $261 million in the comparable first quarters. “The improvement in first-quarter performance results primarily from increased profits by our building materials group,” Scott said.

Goodyear Tire & Rubber, citing a strike at a Canadian plant and price competition, said its first-quarter net income dropped to $86.7 million from $111.8 million a year ago. Sales fell to $2.46 billion from $2.51 billion in the year-ago period. Chairman Robert E. Mercer said: “The dollar’s strength affected translation of results from our foreign operations and also gave a price advantage to our foreign competitors.”

Washington Post Co. reported net income of $24.9 million for the first quarter of 1985, an increase of 175% over the $9.1 million in the first quarter of 1984. The 1985 first quarter includes after-tax gains totaling about $11 million from the previously announced sales of portions of the company’s SportsChannel and cellular telephone interests.

Textron posted 1985 first-quarter revenue of $1.55 billion and net income of $60.4 million. The 1985 first quarter includes the operations of Avco Corp., acquired in early January, and an accounting change made that increased earnings by 33 cents per share. Income before this accounting change was a record $48.6 million, up 83% from the $26.5 million recorded in the 1984 period. Beverly F. Dolan, president and chief executive, said the first-quarter results were the highest for any quarter in the company’s history.

For detailed data and results of other companies, please see accompanying tables.