Safeway Canada boosts Sobeys Q1 profits
The addition of Safeway Canada stores provided Sobeys with a 35.4% boost in sales and even higher gains in profitability during the fiscal first quarter, according to Sobeys parent company … Continue Reading →
Tag: Profits
Metro sales up slightly, profits flat in Q3
Metro Inc. said Wednesday that sales during the fiscal third quarter increased by 1.4% but profits were flat. read more Supermarket News
Supervalu posts gains in comps, profits
Supervalu said Wednesday that fourth-quarter identical-store sales were up 2.1% at Save-A-Lot and 0.2% at its more traditional supermarkets, helping drive net income of $ 26 million for the period. … Continue Reading →
C-stores sales grow, profits decline: NACS
Convenience store sales, made in-store, rose to a record $ 204 billion in 2013, but increased hiring drove down pretax profits, according to the National Association of Convenience Stores. read … Continue Reading →
Stater Bros. posts Q1 gains in sales, profits
Stater Bros. Markets said its net income more than doubled in the first fiscal quarter, and same-store sales grew 1.42% over year-ago levels. read more Supermarket News
Q1 profits, comps fall at Ingles
Ingles Markets on Monday said comparable-store sales decreased during the fiscal first quarter despite an increase in price investment that hurt profits. read more Supermarket News
Q1 profits, comps fall at Ingles
Q1 profits, comps fall at Ingles By Jon Springer Ingles Markets on Monday said comparable-store sales decreased during the fiscal first quarter despite an increase in price investment that hurt … Continue Reading →
Competition Hits Loblaw’s Q3 Profits
BRAMPTON, Ontario — Food-retailing capacity growth in Canada reached “critical mass” during the third quarter, triggering aggressive price investment and a subsequent dip in profits at Loblaw, officials said Wednesday. … Continue Reading →
Village Q4 Profits Fall as Sales Rise
SPRINGFIELD, N.J. — Village Super Market here on Wednesday said fourth-quarter net income fell 31% from year-ago levels due to lower gross margins and higher expenses. read more Supermarket News
Roundy’s Sales, Profits Down in Q2
MILWAUKEE — Roundy’s here said Thursday that second-quarter results were below expectations, primarily due to difficult competitive and economic conditions. read more Supermarket News