USA: Fresh Brands says Q2 sales up on acquisition of Dick's Supermarkets
Supermarket retailer and grocery wholesaler Fresh Brands has posted record sales of US$146.9m for its Q2 ended 13 July 2002, a 12.4% increase on the Q2 2001, due primarily to the acquisition of Dick's Supermarkets in June 2001. Net earnings for the Q2 2002 were a record US$1.88m, an increase of 6.1% over US$1.78m for the same period in 2001. Diluted earnings per share (EPS) for the Q2 2002 were US$0.36, a 5.9% increase over diluted EPS of US$0.34 for the same period in 2001. Both sales and earnings were in line with the company's expectations to report 2002 EPS between US$1.53 and US$1.58.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- US food next wave on display at Winter Fancy Food
- How General Mills plans to grow - CAGNY
- Comment: Meal kits in US - don't believe the hype
- Does Kraft Heinz want to swallow Unilever whole?
- Wessanen eyes growth in "resurgent" organic market
- Unilever launches operational review
- Kerry operating earnings strengthen on slow sales
- Glanbia focuses on nutrition with Irish dairy spin
- Kerry's Scanlon to replace McCarthy as CEO
- Mondelez launches savoury snacks brand Vea