FREEHOLD, N.J. -- Foodarama Supermarkets here said net income fell 66.9% to $40,000 in the first quarter ended Jan. 29.
21 stores, compared with 26 stores a year ago.
Joseph Saker, chairman and chief executive officer, said the results demonstrate the company's ability to improve its operating results.
A company spokesman said the improvement referred to is a comparison with results in last year's third and fourth quarters, during which the company experienced losses. A portion of the ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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? Log In