Stater Bros. Reports Q3 Sales Increase
San Bernardino, CA
Stater Bros. Holdings Inc has announced the financial results for the thirteen week and thirty-nine week periods ended June 24, 2012.
The company’s consolidated sales in the thirteen week ended June 24, 2012 amounted to $949.8 million, up 1.14% from the comparable period last year. The company’s thirty-nine week sales were $2.8 billion, up 3.51% from the same period in 2011. The company reported net income for the third quarter of $7.3 million compared to $7.6 million for the third quarter of the year prior.
Jack H. Brown, Chairman, President and CEO of Stater Bros., states, “We have been able to grow our sales and our customer counts in a time of unprecedented economic challenges and a growing competitive environment because our ‘Valued Customer’ has responded to our marketing programs… We have continued to keep prices low, so our customers get great value on their shopping dollars.”
