Nash Finch Posts Loss for Q4 and Year

MINNEAPOLIS -- Nash Finch here posted a loss for its fourth quarter and fiscal 2006 after several one-time charges.

MINNEAPOLIS -- Nash Finch here posted a loss for its fourth quarter and fiscal 2006 after several one-time charges. Fourth-quarter profit in the wholesale segment slid 14.1%, to $17.7 million, on a 2.7% decline in sales, to $666.5 million, vs. year-ago results. For the year, wholesale profits were down 12.2%, to $75.8 million, while sales for the full year rose 4.4%, to $2.79 billion. Fourth-quarter profit in the retail division was down 48.2%, to $4.3 million, on a 13.2% dec

Register to view the full article