Stater Bros Holdings, the largest privately-owned supermarket chain in Southern California, saw sales for the 13-week Q2 ended 31 March 2002 increase 6.8% to US$654.2m.

Jack H. Brown, chairman, president and CEO, added that total sales for the 26-week year to date period increased 6.4% and amounted to US$1.317bn, compared to US$1.237bn for the previous year. Same-store sales increased 6.8% and 6.4% for the Q2 and H1 periods, respectively.

EBITDA amounted to US$28.2m in the Q2, and compares to US$22.1m year on year. FOr the H1 comparable periods EBITDA was US$55.1m in fiscal 2002 and US$45m in fiscal 2001.

The company reported Q2 net income of US$4.3m compared to US$1.4m in 2001. Net income for the H1 period amounted to US$8.2m in 2002 and US$3.2m in 2001.

Brown said: “These results reflect the efforts of our management team and the members of our Stater Bros Family.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Stater Bros. Markets currently operates 156 outlets; 47 in San Bernardino County, 40 in Riverside County, 30 in Orange County, 27 in Los Angeles County, ten in Northern San Diego County, and two in Kern County. There are over 13,000 employees at the company.