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 ...

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.
 

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 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.

Already registered? here.