NORFOLK, Neb. — Affiliated Foods Midwest here said Tuesday it posted 14% growth in operating income for the recently ended fiscal year, fueled by a 4.1% increase in top-line sales. The wholesale cooperative did not release specific figures for operating profits and revenues. SN previously estimated the company's sales for the fiscal year, which ended June 26, at about $1.3 billion. The company said it provided patronage rebates to its members totaling $46.6 million, an increase of 8.4% ...
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 complimentary access to the SN salary survey data tables.
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.