CHARLOTTE, N.C. -- Ruddick Corp. here said it expects comparable store sales growth at its Harris Teeter subsidiary to exceed 2% for the first quarter ended Dec. 31.
ring the last fiscal quarter."
However, he said sales results for the quarter were uneven in non-core markets. "These are markets that we continue to focus on [as we] evaluate ways to achieve greater sales potential," Dickson said.
Ruddick said earnings per share could be slightly lower than the 26 cents reported in the fourth quarter or the 29 cents reported in last year's first quarter. Dickson said the anticipated declines are attributable to weaker performance at American & Efird, Ruddick's industrial sewing thread manufacturing and distribution subsidiary.