Blue Square-Israel (BSI) Reports Q1 Earnings; Comments on Same Store Sales Decline
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Blue Square-Israel Ltd. (NYSE: BSI) reports Q1 EPS of $0.15. Revenue for the quarter was $421.4 million.
Supermarket same store sales for the period decreased by 7.1% due to the decrease in stores that were converted to "Mega Bool" Format Hard Discount, which is characterized by low prices.
Supermarket same store sales for the period decreased by 7.1% due to the decrease in stores that were converted to "Mega Bool" Format Hard Discount, which is characterized by low prices.
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