Tops Swings to Profit in Q4

WILLIAMSVILLE, N.Y. — Tops Friendly Markets here swung to a $1.2 million profit in the fiscal fourth quarter behind increases in traffic and same-same sales at renovated locations as well as reduced expenses.

The retailer lost $13.8 million in the same period a year ago. Net sales for the quarter, which ended Dec. 31, increased 1.7%, to $540.1 million. Same-store sales improved 1.4%, drive

Register to view the full article

test - Advanced Registered User

Already a member? .

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