Cara Operations Limited - Continued Growth in Sales, Earnings and Earnings Per Share.

Business WireJuly 22, 1998

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Cara Operations Limited - Continued Growth in Sales, Earnings and Earnings Per Share.

TORONTO--(BUSINESS WIRE)--July 22, 1998--Cara Operations Limited (TSE:CAO.) (ME:CAO.) (TSE:CAO.A.) (ME:CAO.A.) Cara Operations Limited ("Cara") today announced the financial and operating results for the 12-week period ended June 21, 1998, which constitutes the first quarter of the fiscal 1999 year (the "First Quarter" or "Quarter"). The First Quarter results show continued growth in sales, earnings and earnings per share at Cara. In the Quarter, sales increased by 5.0 percent to $285 million while earnings and earnings per sh...

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