FREEHOLD, N.J. -- Strong same-store sales helped Foodarama Supermarkets here post a sales increase of 6.2% and an earnings increase of 65% for its fiscal first quarter ended Jan. 29. 2% from $5.0 million to $5.6 million. Same-store sales gained by 6.2%, which contributed to stronger earnings, said Michael Shapiro, chief financial officer of Foodarama.
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.