Stater Bros. Drives Traffic at Cost to Profit Margins

Stater Bros. Holdings said last week it was disappointed with the earnings decline in its fiscal first quarter, but enthusiastic that low margins have helped boost customer counts. We'd like to see more on the bottom line, but customer count is our adrenaline, Jack Brown, chairman and chief executive officer, said during a call with investors. Net income for the quarter,

SAN BERNARDINO, Calif. — Stater Bros. Holdings here said last week it was disappointed with the earnings decline in its fiscal first quarter, but enthusiastic that low margins have helped boost customer counts.

“We'd like to see more on the bottom line, but customer count is our adrenaline,” Jack Brown, chairman and chief executive officer, said during a call with investors.

Net income for the quarter, which ended Dec. 28, fell 68% to $3.5 million, compared with $10.8 m

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