GRAND RAPIDS, Mich. — Spartan Stores here yesterday said strong comparable-store sales in its retail division helped drive gains in profits on continuing operations for the 16-week third quarter, which ended Jan. 3. Net income declined about 16% for the period, due primarily to a one-time tax benefit in the year-ago quarter, but operating earnings rose 17.4%, to $17.9 million. Sales for the third quarter were down about 0.75%, to $781.9 million. In the retail segment, operating earnings ...
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.