MAUMEE, Ohio -- Seaway Food Town here reported increases in sales and earnings for the fourth quarter and 52 weeks ended Aug. 26. for the quarter jumped 79.1% to $1.25 million from $697,000. Last year's fourth quarter included a one-time after-tax charge of $123,000 related to the early retirement of $6.3 million of debt. For the year, sales were up 2.4% to $559.2 million from $546.2 million. Same-store sales were up 2%. Earnings for 12 months more than doubled to $4.5 million from $2.1 ...
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.