Pathmark Stock Plunges On Bad News ; Company to Lose Money This Year
The Record, Bergen County, NJ › October 27, 2004
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Summary
Pathmark stock fell sharply Monday after the supermarket chain warned investors that it expects to lose money this year.
Citing lower-than-expected sales in its third quarter ending Oct. 30, and anticipating continued weakness in the fourth quarter, Carteret-based Pathmark Stores Inc. said its fiscal-year loss would be between 13 cents and 25 cents per share.See the full content of this document
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Pathmark Stock Plunges On Bad News ; Company to Lose Money This Year
The news sent Pathmark stock to its lowest point since the company emerged from bankruptcy protection four years ago on volume nearly 10 times higher than usua...
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