Harris Teeter Positioned to Grow

Harris Teeter should be able to maintain its strong financial momentum despite the inflationary cost environment, analysts said last week following release of the chain's financial results for the second quarter and first half, which ended March 30. Harris Teeter's upscale positioning affords it greater pricing power vis--vis its customer base than its mid-market conventional rivals,

MATTHEWS, N.C. — Harris Teeter here should be able to maintain its strong financial momentum despite the inflationary cost environment, analysts said last week following release of the chain's financial results for the second quarter and first half, which ended March 30.

“Harris Teeter's upscale positioning affords it greater pricing power vis-à-vis its customer base than its mid-market conventional rivals,” Andrew Wolf, an analyst with BB&T Capital Markets, Richmond, Va.,

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