Stater Bros. posts Q1 gains in sales, profits

Stater Bros. Markets said its net income more than doubled in the first fiscal quarter, and same-store sales grew 1.42% over year-ago levels.

Net income was $11.1 million for the quarter, which ended Dec. 29, compared with $5.4 million in the year-ago quarter. Total sales were up 1.58% for the 13-week period, to $984 million.

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