CHARLOTTE, N.C. -- Harris Teeter here attributed increases in operating profit and same-store sales for the first quarter ended Jan. 1 to improved performance in two problem markets.
The company announced a 9% net sales increase from $388 million to $424 million for the quarter. Same store sales were up 8.4%.
The retailer, a division of Ruddick Corp. here, showed more than $10 million in operating profit -- a 29% increase over the year-ago period of nearly $8 million. Ruddick