SELL-OFF OF 26 HARRIS TEETER UNITS IMPACTS YEARLY SALES

MATTHEWS, N.C. -- Ruddick Corp. said the divestiture of 26 Harris Teeter stores more than a year ago resulted in a sales decline at its Harris Teeter subsidiary of 2.8% to $2.35 billion for the year ended Sept. 29 and a same-store sales drop of 0.15% for the period.stores in fiscal 2003 and 11 in fiscal 2004, and it expects to close approximately six stores next year.Harris Teeter sales for the 13-week

MATTHEWS, N.C. -- Ruddick Corp. said the divestiture of 26 Harris Teeter stores more than a year ago resulted in a sales decline at its Harris Teeter subsidiary of 2.8% to $2.35 billion for the year ended Sept. 29 and a same-store sales drop of 0.15% for the period.

stores in fiscal 2003 and 11 in fiscal 2004, and it expects to close approximately six stores next year.

Harris Teeter sales for the 13-week fourth quarter were up 6.3% to $588.6 million; same-store sales were flat

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