Industry performance in the second half of 1998 continued to outpace financial results for the same period of the prior year, and most securities analysts said they expect more of the same through the first half of 1999. Looking at the second-half performance of the 10 largest supermarket chains with public debt or equity, overall sales jumped 15%, operating income was up 22.5% and comparable-store sales rose an average of 2.2%. In the second half of 1997, sales were up 5.9% over the prior ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.