MARSH TIES FLAT COMPS TO RIVAL STORE OPENINGS

INDIANAPOLIS -- Marsh Supermarkets here said the company's nearly flat comparable-store sales for the third quarter ended Jan. 5 were due in part to an unprecedented number of competitive openings.R Sales for the 12-week quarter rose 3.7% to $385.8 million, and comparable-store sales were up 0.4%.Net income for the quarter declined 10.5% to $3.4 million, and earnings per share were 38 cents, compared

INDIANAPOLIS -- Marsh Supermarkets here said the company's nearly flat comparable-store sales for the third quarter ended Jan. 5 were due in part to an unprecedented number of competitive openings.

R> Sales for the 12-week quarter rose 3.7% to $385.8 million, and comparable-store sales were up 0.4%.

Net income for the quarter declined 10.5% to $3.4 million, and earnings per share were 38 cents, compared with 42 cents in last year's third quarter.

Year-to-date, sales

Register to view the full article

test - Advanced Registered User

Already a member? .