Smart & Final Stores (SFS) Misses Q1 EPS by 1c

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Go back to Smart & Final Stores (SFS) Misses Q1 EPS by 1c

Smart & Final Stores, Inc. Reports First Quarter 2017 Financial Results

May 3, 2017 4:16 PM EDT

COMMERCE, Calif., May 3, 2017 /PRNewswire/ -- Smart & Final Stores, Inc. (the "Company") (NYSE: SFS), the value-oriented food and everyday staples retailer, today reported financial results for the fiscal first quarter ended March 26, 2017.

First Quarter Highlights:

Net sales increase of 6.4% to $967.0 million Comparable store sales decrease of 2.5%, including impacts of deflation, cannibalization and adverse weather Net loss of $4.6 million, or $0.06 per diluted share Adjusted net loss of $1.5 million, or $0.02 per diluted share Adjusted EBITDA of $24.4 million

"The operating environment in the... More