Stater Bros. reports Q3
SAN BERNARDINO, Calif. — Consolidated sales for regional supermarket chain Stater Bros. rose more than 4% in the third quarter, the company said Wednesday.
For the period ended June 26, Stater Bros. said consolidated sales reached $939 million, an increase of $39 million, or 4.33%, compared with the year-ago period. Similarly, same-store sales for the quarter rose $39 million, or 4.33%.
For the quarter, the retailer also reported third-quarter net income jumped 18.33% to $7.1 million, compared with third quarter 2010.
Stater Bros. currently operates 167 supermarkets in Southern California.