Food 4 Less Supermarkets Inc.: The La...

Food 4 Less Supermarkets Inc.: The La Habra supermarket operator reported a loss of $2.7 million for its latest fiscal year, which ended June 25. That figure included $4.5 million in charges related to January’s Northridge earthquake and compared with a loss of $27.4 million for the previous fiscal year. Annual sales were down 4% to $2.6 billion from $2.7 billion. For its fourth fiscal quarter, the company reported a profit of $2.6 million, contrasted with a loss of $2.4 million for the same period a year earlier. Three-month sales declined 7% to $581.1 million from $623 million.