SAN BERNARDINO, Calif. — Stater Bros. Holdings here said Thursday sales declined for the recently ended fourth quarter, but earnings were up as the company continued to focus on values for customers and cost controls. For the 13-week quarter, which ended Sept. 26, net income rose 19.3% to $5.9 million, while sales fell 5.3% to $897.4 million. Same-store sales fell 3.3% during the period. Excluding the impact of the sale of Santee Dairy, sales also dropped 3.3%. For the year, net income ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.