SCARBOROUGH, Maine -- Hannaford Bros. here said it had increased sales and earning for the second quarter and the 26 weeks ended July 3.
h G. Farrington, Hannaford president and chief executive officer.
Hannaford wants a partner, Farrington added, "to promote and expand this business more aggressively than Hannaford is able" on its own. "We are encouraged by the interest shown so far by a number of potential investors and are continuing to evaluate various alternatives. We hope to be able to announce an arrangement during the third quarter."
Meanwhile, in the 13 weeks ended July 3, Hannaford sales and other revenues increased by 2.9% to $854.3 million, same- store sales were up 0.4% and net income rose 10.4% to $25.4 million.
The same-stores percentage was adjusted to not include the Easter holiday, which occurred in the second quarter this year but in the first quarter last year.
In the first half, sales and other revenues increased by 4.6% to $1.7 billion, same-store sales were up 0.8% and net income rose 11.2% to $45.4 million.
