Harris Teeter Posts Gains, Cites Challenges

Harris Teeter, which has seen strong sales and profit growth for the past few years as it has expanded its upscale store base here and in the fast-growing suburbs of Washington, D.C., has begun to project a more cautious outlook. As consumer confidence has fallen in recent weeks and customers continue to change their shopping habits, the coming months will continue to present challenges

CHARLOTTE, N.C. — Harris Teeter, which has seen strong sales and profit growth for the past few years as it has expanded its upscale store base here and in the fast-growing suburbs of Washington, D.C., has begun to project a more cautious outlook.

“As consumer confidence has fallen in recent weeks and customers continue to change their shopping habits, the coming months will continue to present challenges in regards to the trend of our same-store sales,” said Thomas Dickson, ch

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