SALT LAKE CITY -- American Stores Co. here posted net earnings gains of 12.5% for the second quarter and 15.4% for the half ended Aug. 3. net earnings climbed 15.4% to $147.4 million from $127.8 million. Operating profit was up 13.5% to $187.7 million from $165.3 million in the quarter and 14.9% to $344.5 million from $299.9 million in the half. Total sales, which include supermarket and drug stores, increased 2.9% to $4.6 billion from $4.5 billion in the quarter and 3.9% to $9.2 billion ...
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 complimentary access to the SN salary survey data tables.
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.