LOS ANGELES — Unifed Grocers here said yesterday it had lower earnings and sales for the first quarter, which ended Dec. 27, down from record levels in both a year ago following its September 2007 acquisition of Associated Grocers, Seattle. Net income fell 37% to $3.9 million, which the company said was because earnings attributable to former AG customers are now reflected in Unified's income; it also blamed investment declines tied to the equity markets that were larger than those recorded ...
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.