Spartan Posts Q4 Sales, Profit Gains

Spartan Stores here yesterday said fourth-quarter net income rose about 9.9% in the fourth quarter, to $8.9 million, which the company attributed in part to growth in private-label sales.

GRAND RAPIDS, Mich. — Spartan Stores here yesterday said fourth-quarter net income rose about 9.9% in the fourth quarter, to $8.9 million, which the company attributed in part to growth in private-label sales.

Fourth-quarter operating earnings rose 13.6%, to $17.3 million. Sales in the quarter were up 1.9%, to $581.3 million. Retail sales were up 21.5% to $332 million, due primarily to the VG’s acquisition and the 1.2% gain in comparable-store sales, excluding fuel sales and th

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