WILLIAMSVILLE, N.Y. — Tops Friendly Markets here posted net income of $11.96 million in the 16-week first quarter that ended April 24, the company said in a federal filing made this week in connection with a debt offering. The profits — which came after an income-tax benefit of $13.34 million and gains recognized on the value of the acquired Penn Traffic stores — reversed a year-ago loss of $2.94 million, the company said. The operating loss for the first quarter of the current year was ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.