Stater Bros. Reports 6 Percent Increase in Quarterly Sales
COLTON, Calif. - Stater Bros. Holdings Inc. today reported that sales for the 13-week first quarter ending Dec. 30, 2001, increased 6 percent to $662.6 million vs. last year's $624.8 million. Like store sales increased 6 percent.
The company reported quarterly net income of $3.9 million compared to net income of $1.8 million last year.
"Our first quarter results reflect the commitments our people have made and the challenge they have accepted to serve our 'Valued Customers' currently and in the future. The results also reflect the acceptance of our marketing plan by our 'Valued Customers,'" said Jack H. Brown, chairman, president and CEO.
Stater Bros. Holdings Inc. is the largest privately held supermarket chain in Southern California and operates 155 supermarkets through its wholly owned subsidiary, Stater Bros. Markets.
The company reported quarterly net income of $3.9 million compared to net income of $1.8 million last year.
"Our first quarter results reflect the commitments our people have made and the challenge they have accepted to serve our 'Valued Customers' currently and in the future. The results also reflect the acceptance of our marketing plan by our 'Valued Customers,'" said Jack H. Brown, chairman, president and CEO.
Stater Bros. Holdings Inc. is the largest privately held supermarket chain in Southern California and operates 155 supermarkets through its wholly owned subsidiary, Stater Bros. Markets.
