Stater Bros.' '06 Sales Hit $3.5 Billion
COLTON, Calif. - Stater Bros. Holdings Inc. here said yesterday it had scored a 4 percent increase in sales for the fiscal year ended September 24, compared with the previous year, and a 1.5 percent improvement in same-store stores for the period.
Sales for fiscal 2006 were $3.5 billion, up 4 percent from last year's $3.4 billion. Like store sales for fiscal 2006 increased 1.5 percent compared to fiscal 2005.
For the fourth quarter, sales were $891.4 million, the chain said, up 4.9 percent from the year ago period. Same store sales were up 2.9 in the latest quarter, Stater Bros. said.
"The focus of the Stater Bros. 'family' continues to be our valued customers," said Jack H. Brown, chairman, president and c.e.o. "We are committed to being the low price leader while providing a friendly and satisfying shopping experience to our customers on each and every one of their visits to our supermarkets."
Stater Bros. Holdings Inc., the largest privately held grocer based in California, operates 162 supermarkets through its wholly-owned subsidiary, Stater Bros. Markets.
Sales for fiscal 2006 were $3.5 billion, up 4 percent from last year's $3.4 billion. Like store sales for fiscal 2006 increased 1.5 percent compared to fiscal 2005.
For the fourth quarter, sales were $891.4 million, the chain said, up 4.9 percent from the year ago period. Same store sales were up 2.9 in the latest quarter, Stater Bros. said.
"The focus of the Stater Bros. 'family' continues to be our valued customers," said Jack H. Brown, chairman, president and c.e.o. "We are committed to being the low price leader while providing a friendly and satisfying shopping experience to our customers on each and every one of their visits to our supermarkets."
Stater Bros. Holdings Inc., the largest privately held grocer based in California, operates 162 supermarkets through its wholly-owned subsidiary, Stater Bros. Markets.