Stater Profits, Sales Drop; Eyes Possible Acquisitions

SAN BERNARDINO, Calif. Stater Bros. Markets here said its sales and profits remain under pressure in the difficult economy and that it will wait until it sees signs the economy is recovering before it decides how to invest its surplus cash, Jack Brown, chairman and chief executive officer, told investors last week. We are considering our options for the $250 million we have in cash, Brown said. We

SAN BERNARDINO, Calif. — Stater Bros. Markets here said its sales and profits remain under pressure in the difficult economy and that it will wait until it sees signs the economy is recovering before it decides how to invest its surplus cash, Jack Brown, chairman and chief executive officer, told investors last week.

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