AG Acquisition Boosts Unified’s 1Q Results

Unified Grocers said yesterday the acquisition of Associated Grocers, Seattle, resulted in a sharp increase in sales and operating income for the first quarter, which ended Dec. 29.

LOS ANGELES – Unified Grocers here said yesterday the acquisition of Associated Grocers, Seattle, resulted in a sharp increase in sales and operating income for the first quarter, which ended Dec. 29. Sales rose 34.7% to $1.05 billion, with 82% of the increase coming from AG, the company said. Unified said it experienced 6.4% growth in its existing business before considering the impact of the AG transaction. The company also said sales growth and improved operating performance were the prima

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