MATTHEWS, N.C. — Harris Teeter Supermarkets here last week reported sales growth that continued to outpace much of the industry, although profitability came in below some analysts’ expectations. The company posted comparable-store sales gains of 3.01% for the fourth quarter and 3.97% for the full fiscal year. “Traffic and unit volume trends remain positive, indicating the company continues to gain share while the food retail industry as a whole loses share,” ...
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 complimentary access to the SN salary survey data tables.
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.