MINNEAPOLIS — Nash Finch saw its stock jump about 18% yesterday after the wholesaler and retailer posted first-quarter results that were better than expectations and projected ongoing growth.
Net income for the quarter, which ended on March 28, rose about 36%, to $14.4 million, on a 14% gain in sales, to $1.14 billion. Excluding the impact of the sales increase from the Jan. 31 acquisition of three military distribution centers, sales rose 2.4%.
The quarter also was negatively impacted by ...
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