MINNEAPOLIS — Nash Finch Co. here on Thursday said lower gross margins in its military distribution segment and higher operating expenses led to a 62.2% decrease in net earnings in the fiscal first quarter. The earnings figure was slightly above the company’s expectations as Nash Finch realized sales increases in its retail and distribution segments, mainly as a result of new customers. For the quarter, which ended March 23, sales of $562.2 million improved by 2.3% from the ...
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