SYRACUSE, N.Y. -- Penn Traffic Co. here said sales rose to record levels for the year and fourth quarter ended Jan. 29, due in part to last year's acquisition of Insalaco Markets, Pittston, Pa.
items resulted in a $17.8 million loss for the year. Net income rose 19.3% to $4.95 million in the quarter.
Operating net rose 11% for the year to $140.6 million and 22.9% for the quarter to $45.8 million. Cash flow -- or earnings before interest, taxes, depreciation and amortization -- rose 15% for ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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.
Click here to read the FAQ page if you have any questions (opens in a new window)
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.