LOS ANGELES — New-store growth and improved performance of perishable and specialty categories lifted annual sales at Unified Grocers 6.1% to $3.1 billion, the cooperative wholesaler here said Thursday. Net earnings of $14.4 million decreased 6.1% from fiscal 2006 but when adjusted for litigation recoveries in 2006 increased by more than 10%, Unified said. “If you factor out the unusual items that boosted our results last year, our core business experienced significant improvement in 2007,” said Al Plamann, president and chief executive officer, said in the statement. “Our retailers are continuing to open new stores and expand their businesses, and our sales and procurement personnel are ensuring that those retailers have the right products at the right time.” The results do not include results from Associated Grocers, which Unified acquired just as its fiscal year ended Sept. 30.
Read More of Today's Headlines
