Stater Expects to Invest Margin to Gain Sales

SAN BERNARDINO, Calif. — Stater Bros. Markets here contemplates investing “a small amount of gross margin” in the second half of its fiscal year, Jack Brown, chairman and chief executive officer, said Wednesday in a call with bondholders.

Gross margin during the second quarter ended March 25 was 27.8% of sales, compared with 26.8% a year ago, when the chain was promoting its 75-year anniversary; and 27.4% for the first half, compared with 26.7%

Register to view the full article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.