US regional supermarket operator Great Atlantic & Pacific Tea Co has posted a narrower quarterly net loss compared to the year-ago period.

The New Jersey-based company, known as A&P, reported a net loss of US$83.7m, or $2.17 per share, for the second quarter to 6 September, compared with a loss of $144.7m, or $3.76 per share, a year earlier. Results in the year-ago quarter were hit by a tax-related charge, reported Reuters.

Second-quarter sales increased 4% from last year to $2.44bn, while sales at stores open at least a year rose 1.1%.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now