LOS ANGELES — Unified Grocers here said continued uncertainty among consumers resulted in modest drops in sales and earnings for the first quarter, which ended Jan. 2. Net income fell 1.1% to $3.7 million and sales declined 2% to $980.3 million, compared with year-ago results. The company said the sales decrease was the result of overall weak economic conditions, including a shift in customer demand toward lower-cost items, which was partially offset by additional sales generated from new ...
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.