CHARLOTTE, N.C. — Ruddick Corp., parent of the Harris Teeter chain based here, said Thursday that comparable-store sales at the regional banner were up 4.37% in the fiscal third quarter and 2.68% year-to-date.
Harris Teeter's operating profits for the third quarter, which ended July 3, were up 17.5%, to $50.7 million, on an 8.1% increase in sales, to $1.1 billion. Through three quarters operating profits at the chain were up 10.2%, to $146 million.
Although the company said gross margins ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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 a complimentary copy of SN's salary survey sent to you by email.
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.