WASHINGTON -- Giant Food here reported increased sales and net income in the third quarter, but showed decreased net income for the year to date. ing of three new food and drug combination stores. Same-store sales rose .9%, but would have increased 1.5%, had not new stores grabbed sales from existing ones, the company said. Net income rose to $18.6 million from $17.7 million, a 4.7% increase. For the year to date, net income fell 9% to $53.6 million from $58.9 million. Sales in the period ...
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.