CHARLOTTE — The stock in Ruddick Corp. surged nearly 10% at the opening of the markets Friday as the company posted an 8.5% increase in sales for the first fiscal quarter, driven in part by successful pricing and promotional strategies, the company said. The company, parent of the Harris Teeter chain, said net income totaled $13.7 million, a decline of 64%, after recording a loss of $12.1 million from discontinued operations. Ruddick sold its American & Efird industrial-thread ...
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.