US regional grocery retailer Pathmark Stores has said that it expects to report a net loss for its first quarter due to steep inflation in certain categories, unproductive sales promotions and increases in medical costs.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company, which operates 142 supermarkets in the New York, New Jersey and Philadelphia metropolitan areas, said that for the first quarter to 1 May it now expects to report a net loss per diluted share between 6 and 10 cents.


Pathmark expects to report a 1.5% decline in total sales and a 1.4% drop in same-store sales for the quarter.


The retailer now expects fiscal 2004 same-store sales to be in a range between flat and up 1%, and net earnings per diluted share to be in a range of 28 to 47 cents.

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 - 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