<p style="text-indent:0px; line-height:12px;"><span style="font-weight:bold;">Milwaukee, WI-</span><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">By ANUK Staff<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">3.4.13</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>Roundy’s, leading Midwest grocer, has announced financial results for the fourth quarter and full year ended December 19, 2012.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Comparable-store sales fell by 2.1 percent in the fourth quarter and 2.8 percent for the year. The company faced tough competition, including the openings of 24 new competitors in 2012.<img src="https://cdn.andnowuknow.com/legacyWriterImages/roundys-ceo.jpg" alt="Wholesum Harvest's Facebook Contest Challenges Cooks - IMAGES" />Highlights for the fourth quarter include a 1.4% increase of net sales to $981.9 million, an adjusted net income loss from $9.2 million in Q4 2011 to $8.6 million, and a adjusted EBITDA fall to $46.6 million from last year’s quarter of $51.4 million.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">For the full year, nets sales rose 1.3% to $3.89 billion, adjusted net income was $47.0 million down from $48.0 million in 2011, and adjusted EBITDAA fell from $224.2 million last year to $198.7 million.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> “We’re pleased with the progress we made on our customer-centric initiatives in the fourth quarter,” said Robert Mariano, Chairman, President and Chief Executive Officer. “These initiatives continue to resonate with our customers as own brand penetration finished the year at a record 21.6% while our perishable sales mix for the quarter was 120 basis points higher than last year. Our team continues to focus on providing our customers with superior quality, service and selection to set us apart from our competition and better position us in the markets we serve.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Mr. Mariano continued, “I’m also pleased to report that our growth plan for Mariano’s in the Chicago market is on track. The stores continue to exceed our expectations for both sales and profitability. We plan to open five additional Mariano’s in the Chicago area in 2013, which will give us 13 stores in that market.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Mr. Mariano concluded, “We are encouraged by our sales trends to-date in 2013, but believe that our results in our core markets will continue to be impacted by a cautious consumer, as well as increased competitive unit growth and promotional activity. We remain intently focused on our strategy to deliver the best overall value and service to our customers and to use our cash flow to expand the Mariano’s banner, pay down debt and deliver an attractive dividend to our shareholders.” </p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.roundys.com/Home.gsn" target="_new">Roundy’s</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
