COLTON, Calif. -- Stater Bros. Holdings here said sales and earnings fell for the second quarter and first half ended March 27 in the wake of extraordinary gains in the year-ago periods during the Southern California labor dispute.
During that dispute, Stater operated at full capacity while the United Food and Commercial Workers union struck Vons, which resulted in an employee lockout at Ralphs and Albertsons.
Sales at Stater fell 14.8% to $842.9 million for the 13-week quarter and 16.6% to $1.7 billion for the half, compared with year-ago results. Same-store sales were down 18.4% for the quarter and 20.3% for the half.
Net income fell 88.1% to $3.6 million for the quarter and 89% to $6.9 million for the half. The company said results for both periods included an after-tax gain of $13.3 million from a litigation settlement.
Jack Brown, chairman and chief executive officer, said "the company is determined to maintain as much of the volume and as many of the new customers [it picked up] as possible."