Smart & Final Stores (SFS) Misses Q1 EPS by 1c
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Smart & Final Stores, Inc. Reports First Quarter 2016 Financial Results
May 3, 2016 4:15 PM EDTCOMMERCE, Calif., May 3, 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 twelve-week period ended March 27, 2016.
First Quarter Highlights:
Net sales increased 10.5% to $908.5 million Comparable store sales growth of 2.0% Net loss of $2.0 million, or $0.03 per diluted share Adjusted net income of $6.3 million, or $0.08 per diluted share Adjusted EBITDA of $35.0 million 290 stores at quarter-end, including 143 Smart & Final Extra! stores"Smart & Final Stores' positive... More
