BEDFORD HEIGHTS, Ohio -- Riser Foods here said new remodeling and merchandising programs contributed to its improved sales and earnings results for the third quarter ended April 8.
Net income for the third quarter reached $2.9 million. Last year, Riser recorded a loss of $5.9 million because the company incurred a $12 million pretax restructuring charge. Income for the 40 weeks was $7.9 million, 43.6% above last year's earnings of $5.5 million.
Net sales rose 6.1% to $275.4 mi