Smart & Final Stores (SFS) Tops Q1 EPS by 2c, Reaffirms FY Guidance

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Smart & Final Stores, Inc. Reports First Quarter 2015 Financial Results

April 28, 2015 4:01 PM EDT

COMMERCE, Calif., April 28, 2015 /PRNewswire/ -- Smart & Final Stores, Inc. (the "Company") (NYSE: SFS) today reported financial results for the fiscal first quarter ended March 22, 2015.

First Quarter Highlights:

Net sales increased 11.9% to $822.2 million Comparable store sales growth of 6.1% Net income of $4.9 million, or $0.06 per diluted share Adjusted net income increased 66.8% to $7.7 million, or $0.10 per diluted share Adjusted EBITDA increased 15.9% to $35.0 million 258 stores at quarter-end, including 102 Smart & Final Extra! stores

"The year is off to a strong start, with Smart... More