LOS ANGELES — Unified Grocers here said earnings increased and sales fell for the second quarter, which ended March 28. Net earnings for the quarter rose 94.8% to $2.5 million, while sales fell 4.1% to $951.7 million. For the first half, net income dropped 15% to $6.3 million, while sales declined 2.3% to $2 billion. The company said the income decline for the half was related primarily to lower sales, the conversion of Seattle-area customers to membership in the cooperative; and lower ...
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.