GRAND RAPIDS, Mich. -- Spartan Stores here said overall sales rose while a series of nonrecurring items resulted in lower earnings for the first quarter ended June 17. t expects to become a publicly traded company the day after the closing under the ticker symbol SPTN. Overall sales at Spartan for the 12-week first quarter rose 6% to $725.6 million, while net income fell 24.5% to $3.7 million. The company said the earnings decline was the result of nonrecurring items in last year's first ...
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.