Freehold, New Jersey-based Foodarama Supermarkets revealed a 22% increase in fourth quarter profits yesterday [Wednesday].

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

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

Find out more


Foodarama explained that the rise was due to increased same-store sales, up 5.6%, taking into account that there was an extra week in the company’s fiscal 2001. Net income for the 14-week fourth quarter rose to US$763,000 from US$627,000, or 66 cents from 56 cents per diluted share, for the 13-week Q4 of 2000.


Overall, sales increased to US$249.7m from US$219.5m year on year.


For the full year ended 3 November 2001, Foodarama reported an increase in net income from US$2.38m, or US$2.13 per share, to US$3.94m, or US$3.5 per share, year on year.

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