US food distributor Nash Finch has reported a 49% rise in first-quarter net earnings, helped by strong food sales.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company posted earnings for the first quarter of 2005 of US$7.0m, or 54 cents per share, compared to $4.7m, or 38 cents per share, for the first quarter last year.


Total sales for the quarter rose to $882.2m from $879.5m in the prior-year quarter. Nash Finch said sales growth in the food distribution and military segments more than offset the revenue impact of closing the company’s underperforming retail stores at the end of the second quarter 2004.


“We are pleased with the results of our quarter which are in line with our expectations and represent increases in profitability across all segments of our business,” said Ron Marshall, chief executive officer. “Moreover we completed the acquisition of the distribution centres in Lima and Westville shortly after the close of the first quarter and integration efforts are proceeding according to plan.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now