WAYNE, N.J. -- Grand Union Co. here hopes to achieve operating cash flow margins of 5.5% by this year's fourth quarter and 6% by the end of fiscal 1999, J. Wayne Harris, chairman and chief executive officer, said last week. In reporting financial results for the second quarter ended Oct. 11, the company said operating cash flow margins -- earnings before interest, depreciation, amortization and last-in, first-out provisions -- were 2.7% for the quarter and 1.9% for the first half. Harris ...
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.