RBC Capital Reiterates Outperform on Smart & Final Stores (SFS) Following 3Q Report
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Smart & Final Stores, Inc. Reports Third Quarter 2016 Financial Results
November 16, 2016 4:15 PM ESTCOMMERCE, Calif., Nov. 16, 2016 /PRNewswire/ --Â Smart & Final Stores, Inc. (the "Company") (NYSE: SFS), the value-oriented food and everyday staples retailer, today reported financial results for the third fiscal quarter ended October 9, 2016.
Third Quarter Highlights:
Net sales increase of 11.9% to $1,394.4 million Comparable store sales decrease of 1.3%, including impacts of deflation and cannibalization Net income of $7.0 million, or $0.09 per diluted share Adjusted net income of $15.0 million, or $0.19 per diluted share Adjusted EBITDA of $57.2 million"Smart & Final Stores continues to execute our... More
Bloom Ads Wins Over Smart & Final Stores
November 15, 2016 2:07 PM ESTLOS ANGELES, Nov. 15, 2016 /PRNewswire/ -- Bloom Ads, Inc., the full service, multi-channel media strategy and marketing agency, has won the media agency of record contract for Smart & Final Stores LLC. Bloom Ads has the proven expertise in customized marketing programs to position Smart & Final, a pioneering brand founded in California 145 years ago, as the preferred grocer for households, businesses and nonprofits in the Southwest.
The cornerstone of today's Smart & Final stores was... More