Earnings Slide, Comps Flat at Harris Teeter

Quarterly net income at the parent company of Harris Teeter declined by 4.7% as promotional prices cut into profits and comparable-store sales were flat, the company said Thursday.

MATTHEWS, N.C. — Quarterly net income at the parent company of Harris Teeter declined by 4.7% as promotional prices cut into profits and comparable-store sales were flat, the company here said Thursday.

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