Spartan Posts Q1 Sales Gains; Profits Flat

Spartan Stores said it saw sales gains in both its distribution and retail segments in the fiscal first quarter, although profits were basically flat.

GRAND RAPIDS, Mich. — Spartan Stores here said it saw sales gains in both its distribution and retail segments in the fiscal first quarter, although profits were basically flat.

The company on Wednesday posted net income of $6 million for the 12-week period, which ended June 18, but said net income would have been up about 2.7%, to $6.5 million, adjusting for charges in both the recent and

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