STELLARTON, Nova Scotia — Comparable-store sales at Sobeys increased slightly amid heavy competition during its fiscal fourth quarter, the retailer here said Thursday. Adjusted for a 14th week in last year’s fourth quarter, Sobeys’ sales increased 2.7% to $3.9 billion (U.S.) for the 13-week period that ended May 5. Adjusted quarterly, net earnings at Sobeys increased 3.6% to $77 million (U.S.). For the 52-week fiscal year, Sobeys posted sales of $15.6 billion (U.S.), a ...
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.