SAN BERNARDINO, Calif. — Stater Bros. Holdings said yesterday efforts to keep prices down resulted in strong sales but flat earnings for the second quarter that ended March 30. Net income for the 13-week quarter was $13.5 million, identical to net income a year ago, while sales rose 7% to $925.4 million and comparable-store sales climbed 3.7%, excluding shifts in the Christmas and Easter holidays. For the year to date, net income rose 4.3% to $24.3 million, with sales up 5.5% to $1.9 billion ...
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.