WAYNE, N.J. -- Grand Union Holdings Corp., the indirect parent of Grand Union Co. here, reported improved operating cash flow and lower sales in its first quarter ended July 23. The company reported a net loss of $25 million in the 16-week quarter, compared with a loss of $58.8 million in the year-ago period. Grand Union paid interest expense of about $59 million in the recent quarter. Operating cash flow (earnings before interest, taxes and depreciation and amortization) improved to $60.1 ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.