Arden Q4 Earnings Drop, Sales Rise

LOS ANGELES — Arden Group, parent company of Gelson's Markets, said earnings declined and sales increased for the fourth quarter and fiscal year, which ended Dec. 31.

Net income for the quarter fell 22% to $4.3 million, while sales increased 4.1% to $114.5 million. For the year net income dipped 6% to $17 million while sales rose 3% to $429.5 million.

Register to view the full article

test - Advanced Registered User

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish