Tops’ Q1 Sales Down, Profits Up

WILLIAMSVILLE, N.Y. — Tops Holding Corp. here, parent of the Tops Friendly Markets chain, swung to a first-quarter profit this year, although the timing of the Easter holiday and the disposition of five former Penn Traffic stores contributed to a reduction in first-quarter sales, the company said.

Net income totaled $651,000 for the 16-week quarter, which ended April 12, vs. a loss of $2.1

Register to view the full article

Hide comments

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.
Publish