ANCHORAGE, Alaska -- Carr Gottstein Foods here reported record sales and a net loss for the first quarter.
Quality Centers increased 1.3%, and same-store sales at Carrs Quality Centers super-combination stores fell 2.1%.
A loss of $1.6 million in the quarter, vs. net income of $1.2 million a year ago, includes the effect of higher interest costs related to the company's self-tender completed last November, hikes in depreciation and amortization, expenses related to the chain's re-engineering project and softer same-store sales at Carrs.