MOBILE, Ala. -- Delchamps here reported a comparable-store sales increase of 7% during the second quarter ended Dec. 30, representing the company's third consecutive quarter of such increases. Overall sales increased 6.4% from $260.5 million to $277.1 million for the 13 weeks. Net income jumped 381% from $168,000 to $808,000. For the 26 weeks, sales were up 6.6% from $526.7 million to $561.7 million and comparable store sales were up 6.9%. Earnings dropped 96.8% from $1.6 million to ...
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.