WASHINGTON -- Giant Food here reported increased sales and net income in the third quarter, but showed decreased net income for the year to date.
ing of three new food and drug combination stores.
Same-store sales rose .9%, but would have increased 1.5%, had not new stores grabbed sales from existing ones, the company said.
Net income rose to $18.6 million from $17.7 million, a 4.7% increase. For the year to date, net income fell 9% to $53.6 million from $58.9 millio