Ruddick Q1 Earnings Up 60.7%

CHARLOTTE — Strong sales increases at Harris Teeter stores helped Ruddick Corp. here post a 60.7% improvement in net earnings during the fiscal first quarter, which ended Jan. 2, the company said. Ruddick, which also owns the American & Efird thread company, posted net income of $38.1 million on total sales of $1.11 billion. Sales at Harris Teeter increased 6.2% to $1.03 billion, and comparable-store

CHARLOTTE — Strong sales increases at Harris Teeter stores helped Ruddick Corp. here post a 60.7% improvement in net earnings during the fiscal first quarter, which ended Jan. 2, the company said.

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