Piper Jaffray Remains Bullish Following Smart & Final Stores' (SFS) 4Q Results
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Smart & Final Stores, Inc. Reports Fourth Quarter and Full Year 2015 Financial Results
March 9, 2016 4:15 PM ESTCOMMERCE, Calif., March 9, 2016 /PRNewswire/ -- Smart & Final Stores, Inc. (the "Company") (NYSE: SFS), the value-oriented food and everyday staples retailer, today reported financial results for the thirteen week and fifty-three week periods ended January 3, 2016.
Full Year Highlights:
Net sales increased 12.4% to $3.97 billion Comparable store sales growth of 4.5% Net income of $38.3 million, or $0.50 per diluted share Adjusted net income increased 21.0% to $56.3 million, or $0.73 per diluted share Adjusted EBITDA increased 9.5% to $192.9 million 276 stores at year-end, including 127 Smart & Final Extra!... More