TAMPA, Fla. -- Total sales and same-store sales at Kash N' Karry Food Stores here slipped in the third quarter ended April 28.
ame-store sales declined 5.6%. The sales dip was attributed to reduced promotional activity and increased remodeling and new store efforts by competitors, the company said. Also, Kash N' Karry stores under renovation during the period experienced a sales decrease.
Net income for the quarter was up 34.1% to $3.65 million vs. $2.72 million last year, acc