FREEHOLD, N.J. -- Foodarama Supermarkets here said it intends to repurchase shares of its common stock valued at $3 million in an attempt to enhance shareholder value by providing liquidity to its shareholders. f $963,000, an increase of 187%. For the six-month period sales were $462.5 million, an increase of 9.3%. Net income for the period rose 90% to $2.1 million, and same-store sales increased 3.2%.
SIGN IN TO ACCESS THIS ARTICLE
Registering for Premium 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.