SPRINGFIELD, N.J. — ShopRite operator Village Super Market here said Thursday that sales grew 5.2% in the fiscal third quarter, although profits were hit by a one-time charge related to a pension-plan withdrawal liability. Net income for the 13-week period, which ended April 30, totaled $1.67 million, down 68% after the $4.24 million (after tax) charge. Excluding the charge, net income was $5.91 million, up 13% over year-ago results. Third-quarter sales were $316.6 million, and same-store ...
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.