Smart & Final Stores (SFS) Tops Q3 EPS by 3c, Updates FY Guidance

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Go back to Smart & Final Stores (SFS) Tops Q3 EPS by 3c, Updates FY Guidance

Smart & Final Stores, Inc. Reports Third Quarter 2016 Financial Results

November 16, 2016 4:15 PM EST

COMMERCE, Calif., Nov. 16, 2016 /PRNewswire/ -- 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