Fresh Brands, Inc, has reported record sales and earnings per share for its fiscal year ended 29 December 2001. Net sales for 2001 were a record US$580.2m, a 15.6% increase over the prior year's sales of US$502.1m. The significant sales increase was largely attributable to the June, 2001 acquisition of Dick's Supermarkets, Inc. Dick's Supermarkets contributed US$57.2m to net sales in 2001. Net earnings for the year were US$7.8m, compared to net earnings of US$7.9m in 2000. Diluted earnings per share for 2001 were $1.48, an 11.3% increase over diluted earnings per share of US$1.33 in the prior year. The improvement in 2001 earnings per share was principally attributable to share repurchases during the year.