Dairy Sale Impacts Stater Bros. Q1 Results

The sale of Stater Brothers' milk plant contributed to lower overall sales but higher net earnings during the fiscal quarter, the retailer said.

SAN BERNARDINO, Calif. — The sale of Stater Brothers' milk plant contributed to lower overall sales but higher net earnings during the fiscal quarter, the retailer here said.

For the quarter ended Dec. 27, Stater said supermarket sales declined by 1.1% and comparable store sales fell 2.2%, reflecting cautious consumer spending. Consolidated sales of $959.3 million declined by 3.6

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