SAN BERNARDINO, Calif. — Stater Bros. Markets here said yesterday the downturn in the economy resulted in a drop in net income for the third quarter and 39 weeks ended June 29, while increases in customer counts helped boost sales results. Net income fell 41% to $9.2 million for the 13-week quarter and 14.1% to $33.6 million for the year to date, while sales rose 2.5% for the quarter to a record $932.7 million — despite the timing of Easter in this year's second quarter and last year's third ...
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.