NEW YORK -- Sloan's Supermarkets here said sales and earnings increased during the first quarter ended May 28. Sales for the 13-week quarter rose 0.6% to $12.1 million, while same-store sales were up about 1%, John Catsimatidis, chairman and chief executive officer, told SN. Net income for the 11-store operator rose 286.3% for the quarter to $218,290. Income from continuing operations rose 336% to $220,865, while income from discontinued operations -- relating to the jewelry business that ...

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.
 

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.

Already registered? here.