BOISE, Idaho -- Albertson's here continues to ring up some of the strongest financial results of any of the major supermarket operators. Albertson's, the fourth-largest food and drug chain in the nation, last week reported a 23.5% increase in net income in the second quarter ended Aug. 4. That caps a strong first half in which Albertson's net earnings grew 15% and volume advanced 7.5%. The chain attributed the quarter's strong earnings performance to increased sales, which were up 7.9%, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.