- Arden Group, which owns Gelson’s Markets in Southern California, reported that second quarter sales declined to $116.4 million, compared to $119.8 million during the same period a year ago. Net income for the quarter was $4.5 million, down from $5.8 million a year ago. Same-store sales for Q2 were down 2.9 percent.
Year to date, Arden’s sales were $232.3 million, compared to $267.3 million a year ago, with same-store sales down 13.1 percent. Year-to-date earnings were $10 million, down from $14.3 million a year ago.
