MATTHEWS, N.C. — Ruddick Corp. here said operating profits at its Harris Teeter chain increased 7.1% in the fiscal second quarter to $50.5 million, driven by sales gains and efficiencies. Comparable-store sales were up 1.42% for the 13-week quarter, which ended April 3, and total sales were up 4.9%, to $1.05 billion, compared with year-ago results. The company said comps for the quarter, adjusted for the later Easter holiday this year, would have been up 2.1%. Through 26 weeks, operating ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.