LOS ANGELES — Arden Group, parent company of 18 Gelson's Markets, said earnings declined and sales increased for the second quarter and first half, which ended July 2.
Net income for the 13-week quarter fell 9% to $3.6 million, while sales climbed 4% to $106 million and same-store sales rose 4%.
For the half, net income was down 2.6% to $9.3 million, while sales increased 1.7% to $210.3 million and same-store sales increased 1.7%.
The company said second-quarter sales benefitted from the ...
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