MILAN, Ill. -- Eagle Food Centers here said a glut of competitive openings resulted in lower sales for the year and fourth quarter ended Feb. 1. The company also said it had net income for both periods, including its first year-end profit in three years. Fiscal 1996 had 52 weeks and a 13-week fourth quarter, while fiscal 1995 had 53 weeks, with a 14-week fourth quarter. Net income for the year was $3.2 million, compared with a net loss of $18.7 million a year ago, which included charges ...
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.