Ruddick Q1 Earnings Jump on Sales

CHARLOTTE, N.C. — Strong sales increases at Harris-Teeter stores helped Ruddick Corp. here post a 60.7% improvement in net earnings during the fiscal first quarter that ended Jan. 2, the company said Thursday.

CHARLOTTE, N.C. — Strong sales increases at Harris-Teeter stores helped Ruddick Corp. here post a 60.7% improvement in net earnings during the fiscal first quarter that ended Jan. 2, the company said Thursday.

Ruddick, which also owns the American & Efird thread company, posted net income of $38.1 million on total sales of $1.11 billion. Sales at Harris Teeter increased 6.2% to $1.03 billion, and comp

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