MONTVALE, N.J. — A&P here saw its stock fall by more than 25% Friday after reporting quarterly earnings and margin performance that fell short of market expectations despite strong sales figures. The retailer reported net income of $2.2 million — and a loss from continuing operations of 48 cents per share — on sales of $2.9 billion for the 16-week first quarter ended June 14. Comparable-store sales at A&P improved by 3.2%, and comps at Pathmark, which A&P acquired in December, ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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.

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.