MAUMEE, Ohio -- Seaway Food Town here credited a strong first-quarter performance to the sale of its dairy and improved information systems.
The company reported net income of $1.1 million for the period ended Nov. 26, compared with a loss of $505,000 for the year-ago period.
Sales for the quarter were up 3.4% to $134 million from $132.5 million. Same-store sales rose 3.3%.
Late last year, Seaway sold its dairy, Toledo Milk Processing, to Country Fresh Dairy, Grand R