NORFOLK, Va. -- Farm Fresh here said 17 competitive store openings over the last 12 months caused same-store sales to tumble 10% for its second quarter and 9% for the 24 weeks ended June 14. rest, taxes, depreciation and amortization of $10.3 million on sales of $161.8 million, or 6.3% of sales, compared with $10.7 million on sales of $180.0 million, or 6.0% of sales, in the year-ago quarter. For the 24-week period ended June 14, Farm Fresh reported a net loss of $5.6 million, a decline of ...
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.