Smart & Final sees 2Q sales move upward

Aug. 1, 2006
Smart & Final Inc reported sales of $493.7 million for its 12-week second quarter ended June 18, 2006, an increase of $9.6 million, or 2.0%, over second

Smart & Final Inc reported sales of $493.7 million for its 12-week second quarter ended June 18, 2006, an increase of $9.6 million, or 2.0%, over second quarter 2005 sales of $484.1 million. Income from continuing operations was $5.8 million for the second quarter 2006, compared with $8.2 million for the second quarter 2005.

The company has engaged Goldman Sachs & Co as financial advisor in studying potential strategic alternatives, in light of an announcement by the company's majority shareholder, Casino Guichard-Perrachon SA, that it is considering the sale of non-core portfolio assets.

Founded in 1871 in downtown Los Angeles CA, Smart & Final operates 250 non-membership warehouse stores for food and foodservice supplies in California, Oregon, Washington, Arizona, Nevada, Idaho, and northern Mexico.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Downtime is expensive. This guide shows you how to keep your eet running, reduce repair surprises, and protect your margins—because when your trucks aren’t moving, you’re not...
Learn how fast oil changes can optimize vehicle downtime for fleet owners. Improve revenue and employee productivity while ensuring customer satisfaction with efficient maintenance...
Unlock proven strategies to streamline operations, lead your team, and keep your eet moving forward – all in one guide.
Commercial fleets bear a heavy burden from economic uncertainty, operational costs, and litigation risks. In-cabin video technology offers opportunities to reduce fleet expenses...