MOBILE, Ala. -- Delchamps here said restructuring charges and the timing of the Easter holiday contributed to decreased sales and a net loss for the third quarter and 39-week period ended April 1. For the 13-week period, the company had a net loss of $11.6 million, with a loss of $1.64 per share. This compares to net income of $3.6 million, or 50 cents per share, in the same quarter a year earlier. For the year-to-date, Delchamps reported a net loss of $10 million, a $1.41-per-share loss, ...
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.