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A&P Moves into Black in Q3, Promises New Fresh Prototype
MONTVALE, N.J. -- In a graphic demonstration that its financial and business development strategies are working, the Great Atlantic & Pacific Tea Co., Inc. said it has experienced "a return to net profitability" in its fiscal third quarter of 2006, placing the company on track to achieve sustainable profitability for fiscal 2007, noted A&P executive chairman Christian Haub at a conference call yesterday. -
A&P Moves into Black in Q3, Promises New Fresh Prototype
MONTVALE, N.J. -- In a graphic demonstration that its financial and business development strategies are working, the Great Atlantic & Pacific Tea Co., Inc. said it has experienced "a return to net profitability" in its fiscal third quarter of 2006, placing the company on track to achieve sustainable profitability for fiscal 2007, noted A&P executive chairman Christian Haub at a conference call yesterday.