CHARLOTTE — Fourth-quarter comparable-store sales rose 5% at Harris Teeter, the chain's parent company reported Thursday, but margins came under pressure from increased promotional activity. Gross margins declined 59 basis points for the 13-week quarter, which ended Oct. 2, compared with the 14-week quarter of a year ago. Operating profit at Harris Teeter was $45 million, down from $49.1 million, which the company attributed primarily to the extra week in the year-ago period. Sales were ...
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