Smart & Final enjoys a robust quarter
Jul 16, 2004 1:20 PM, from staff and wire reports
Smart & Final Inc, the Los Angeles CA-based operator of warehouse stores for food and foodservice supplies, reported income from continuing operations of $8.3 million for the 12-week quarter ended June 13, 2004. This is an increase of $14.9 million over the prior yearís $6.6 million second-quarter loss from continuing operations.
Sales from continuing operations in the current yearís second quarter were $457.8 million, a 16.6% gain over second-quarter 2003 sales of $392.7 million. Second-quarter 2004 comparable store sales climbed by 16.3%.
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