ISRAEL: Super-Sol reveals 32.3% increase in net income for the Q1
Rishon-LeZion-based supermarket giant Super-Sol has posted a 10.9% increase in sales to NIS 1.71bn (US$0.35bn) during its Q1 ended 31 March 2002, year on year. Same store sales increased 3.3% during the same period. The company explained that the increase in revenues resulted mainly from the contribution of new stores, as well as the timing of the Passover holiday which began on 27 March this year, therefore all of the holiday sales were included in the results for the Q1. Last year, the Passover holiday began on 7 April, therefore part of the last year's holiday sales were included in the Q1 results and the rest were included in the Q2 results.
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
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Will Kellogg's DSD exit help it grow in US snacks?
- Why Reckitt Benckiser moved for Mead Johnson
- Kraft Heinz pursuing Unilever in takeover move
- Nestle plans restructuring as 2016 profit misses
- Kraft Heinz pulls Unilever bid
- General Mills issues profit warning
- Kerry Group staff in Ireland suspend strike action