Unified Posts Record Earnings After Acquisition

Unified Grocers said net earnings hit record levels for the fiscal year that ended Sept. 27, climbing 20.6% to $17.4 million.

LOS ANGELES — Unified Grocers here said net earnings hit record levels for the fiscal year that ended Sept. 27, climbing 20.6% to $17.4 million. Sales jumped 31% to $4.1 billion, with $805.7 million coming from business gained in the Pacific Northwest from Unified’s acquisition a year ago of Associated Grocers, Seattle, and $165.6 million from continued growth in the company’s customer base, new customer business outside of AG and inflation.

The member-owned cooperative said th

Register to view the full article

test - Advanced Registered User

Already a member? .