Stater Bros. Holdings Inc. Announces First Quarter 2012 Financial Results


Thu. February 9th, 2012 - by Whit Grebitus

<p><strong>SAN BERNARDINO, CA</strong> - As the new year kicked off on consumer calendars, the first quarter of the 2012 fiscal year for Stater Bros. Holdings Inc., has just come to a close. Jack H. Brown, Chairman, President and Chief Executive Officer of Stater Bros. Holdings Inc. has announced the first quarter financial results for 2012 which ended December 25, 2011. Sales increased 6.86% in the period compared to the same period last year. Like store sales were also up 6.86% or the equivalent of $61.7 million, for the thirteen weeks that concluded December 25, 2011 in relation to the similar thirteen weeks last year, that ended December 26, 2010.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Consolidated sales in the first quarter of fiscal 2012 were $960.7 million in relation to $899.0 million for the similar period last year, according to a recent press release. To boot, customer counts increased by more one million for the period. Jack H. Brown, states, "In the first quarter of fiscal 2012, our 'Valued Customers' and new customers have continued to respond favorably to our marketing plan of providing them with low prices, quality and value that they experience on each of their visits to our supermarkets."</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>www.staterbros.com</p><hr class="legacyRuler"><hr class="invisible minimal-padding">