SALISBURY, N.C. -- Food Lion here reported consolidated first-quarter sales rose 1.3% to $2.31 billion, with a 1.7% gain in same-store sales. . Earnings of $55.2 million, or 12 cents per share, represent an increase of 26.6% over earnings in the year-ago quarter of $43.6 million, or 9 cents per share, the company said. "During the quarter, we experienced positive sales trends for both Food Lion stores and our Kash n' Karry subsidiary," said Tom Smith, president and chief executive officer. ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.