STELLARTON, Nova Scotia — Sobeys here on Tuesday reported an increase in operating income for the third fiscal quarter of 0.9%, to $339.9 million (U.S.), while same-store sales fell 0.4% for the period.
Sales at Sobeys, which comprises most of the revenues for parent company Empire Cos., were $3.95 billion, up 1.5% vs. year-ago levels.
Fiscal year-to-date sales for the food retailing division were about $12 billion, also up 1.5%. Same-store sales for the 39-week period, which ended Jan. ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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? Log In