Delhaize Comps, Profits Rise in Q1
BRUSSELS — Comparable-store sales and profits improved during the fiscal first quarter for Delhaize Group, the retailer said in preliminary financial results released Monday. read more Supermarket News
Tag: Profits
UNFI Cites Strike Impact on Q2 Profits
PROVIDENCE, R.I. — Shares of United Natural Foods Inc. fell about 4.8% Tuesday after the company trimmed its profit projections for the year in the wake of a recent labor … Continue Reading →
Q4 Sales Up, Profits Down at Stater Bros.
SAN BERNADINO, Calif. — Stater Bros. Holdings here posted increases in sales and earnings for the recent fiscal year, although fourth-quarter profits fell. read more Supermarket News
Village Profits Dip in Q1
SPRINGFIELD, N.J. — ShopRite operator Village Super Market here on Wednesday said higher expenses and lower gross margins caused profits in its fiscal first quarter to decrease by 13%, even … Continue Reading →
Independents’ Profits Rise in 2011: NGA
ARLINGTON, Va. — The independent sector saw average net profits before taxes rise to 1.12% in 2011, compared with 1.08% in 2010 — a gain of 3.7% — according to … Continue Reading →
Food Lion Revamps Hit Profits
BRUSSELS — Price and service investments at the Food Lion banner continued to pressure profits for Delhaize Group, but officials last week insisted the strategy was revitalizing the struggling franchise. … Continue Reading →
Food Lion Investments Pressure Delhaize’s Profits
BRUSSELS — Price and service investments at the Food Lion banner continued to pressure profits for Delhaize Group during the fiscal second quarter, the retailer here said Wednesday. read more … Continue Reading →
Comps Up, Profits Down at Harris Teeter
MATTHEWS, N.C. — Harris Teeter Supermarkets here said third-quarter profits were down compared with a year ago, despite a 3.7% increase in comparable-store sales. read more Supermarket News
‘Yes Is More’ Campaign Hits Spartan’s Profits
GRAND RAPIDS, Mich. — Spartan Stores here said Thursday that profits in the first fiscal quarter were pressured in part by the launch of its “Yes Is More” promotional campaign … Continue Reading →
Publix Profits Squeezed in Q2
LAKELAND, Fla. — Publix Super Markets here said profits were down slightly in the second quarter despite a 3.2% gain in revenues, including a 1.9% increase in comparable-store sales. read … Continue Reading →