Harris Teeter reports Q1 2013 sales of $1.2 billion, up 3.7%
MATTHEWS, N.C. — Harris Teeter Supermarkets on Thursday reported that sales for the first quarter of fiscal 2013 ended Jan. 1 increased by 3.7% to $1.2 billion. The increase in sales was driven by an increase in comparable store sales of 2.5%, the grocer added.
"We continue to focus on driving unit sales and growing our marketshare," stated Thomas Dickson, Harris Teeter chairman and CEO. "During the first quarter of fiscal 2013, our pricing and promotional strategies were effective in this regard, as evidenced by an increase in the number of active households and number of customer visits we experienced over the prior year."
Since the end of the first quarter of fiscal 2012, Harris Teeter has opened 12 new stores, opened one store that replaced a store closed in the first quarter of fiscal 2012, closed two stores and sold six stores to Lowes Foods, for a net addition of five stores.
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