Smart & Final Inc, the Los Angeles CA-based operator of warehouse stores for food and foodservice supplies, has reported income from continuing operations
Smart & Final Inc, the Los Angeles CA-based operator of warehouse stores for food and foodservice supplies, has reported income from continuing operations of $6.6 million for the 12-week quarter ended March 21, 2004, an increase of $3.9 million — or 141% — from prior-year first-quarter income from continuing operations of $2.7 million.
Sales from continuing operations in the current year's first quarter were $423.5 million, an increase of 19.4% over prior-year first-quarter sales of $354.6 million.
Ross Roeder, chairman and chief executive officer, said, “Our first-quarter sales and income performance was outstanding. Even excluding the estimated effect of the Southern California grocers strike, our same-store sales grew at a robust 7%, reflecting strong store performance in all regions and both of our store concepts.”
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Waiting for a breakdown is costing you. Learn how smart preventive maintenance plans, accurate data, and cross-team coordination can protect your bottom line and boost profits...
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics...
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
