SYRACUSE, N.Y. -- Penn Traffic Co. here said last week same-store sales turned positive for the 13-week third quarter ended Oct. 30 -- the first positive comps in more than three years. e company said was due to the sale or closure of 50 stores since the middle of last year. The company also said operating cash flow -- earnings before interest, taxes, depreciation and amortization -- jumped 56.4% to $25.2 million for the quarter, compared with $16.1 million a year ago. For the 39 weeks, ...
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.