SALT LAKE CITY -- Due to closure of its 34 California stores, Smith's Food & Drug Centers here had a sales drop and a net loss for the first quarter ended March 30.
the California operations, net income for the quarter was $13.3 million. First-quarter sales fell 7.2% to $693.2 million despite the opening of 14 new stores outside California. Same-store sales fell 5.6% for the quarter.
Excluding the California stores, sales rose 6.1% to $620.1 million, and same-store sales f