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The sale of Stater Bros.' milk plant contributed to lower overall sales but higher net income during the fiscal first quarter, the retailer here said last week. For the quarter that ended Dec. 27, supermarket sales declined by 1.1% and comparable-store sales fell 2.2%, reflecting cautious consumer spending, Stater said. Consolidated sales of

DAIRY SALE IMPACTS STATER RESULTS

SAN BERNARDINO, Calif. — The sale of Stater Bros.' milk plant contributed to lower overall sales but higher net income during the fiscal first quarter, the retailer here said last week. For the quarter that ended Dec. 27, supermarket sales declined by 1.1% and comparable-store sales fell 2.2%, reflecting cautious consumer spending, Stater said. Consolidated sales of $959.3 million declined by 3.6% from the same period a year ago, with the sale of

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TAGS: Kroger