GRAND RAPIDS, Mich. -- The acquisition of 47 stores during its fiscal fourth quarter helped boost sales at Spartan Stores here, the company said.
$1.6 million in the fourth quarter a year ago. Same-store sales increased 0.33% for the quarter.
For the fiscal year, Spartan's sales were $3.05 billion, up 14.2%, and earnings increased 16.2% to $17.2 million. Same-store sales increased 2.3% for the year, which Spartan attributed to promotions and product line expansion.