Smart & Final Stores (SFS) Tops Q4 EPS by 2c; Guides FY18 EPS Below Views
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Smart & Final Stores, Inc. Reports Fourth Quarter and Full Year 2017 Financial Results
March 14, 2018 4:15 PM EDTCOMMERCE, Calif., March 14, 2018 /PRNewswire/ -- Smart & Final Stores, Inc. (the "Company") (NYSE: SFS), the value-oriented food and everyday staples retailer, today reported financial results for the fiscal fourth quarter and full year ended December 31, 2017.
Fourth Quarter Highlights:
Net sales increase of 6.7% to $1,068 million driven by comparable store sales increase of 3.2%. Online options for both business and household customers, including delivery or in-store pickup options, available in over 85% of Smart & Final banner stores. Net loss of $146.6 million in fourth quarter reflects non-cash goodwill impairment charge... More