• Arden Group, parent company to 18-unit Gelson’s Markets, reported that its annual earnings for the 2005 fiscal year were down 12.4 percent to $19.8 million, on sales that were down 6.6 percent to $470.4 million. Fourth quarter sales, however, were up 1.6 percent to $124.2 million.
• Rite Aid Corp. reported that its February sales were up 3.6 percent compared to a year ago to $1.69 billion, on same-store sales that were up 2.3 percent.
• Wal-Mart de Mexico, commonly known as Walmex, reported that its February sales were up 13 percent over a year ago to the equivalent of $1.19 billion (US), on same-store sales that were up 3.9 percent for the period.
• Rite Aid Corp. reported that its February sales were up 3.6 percent compared to a year ago to $1.69 billion, on same-store sales that were up 2.3 percent.
• Wal-Mart de Mexico, commonly known as Walmex, reported that its February sales were up 13 percent over a year ago to the equivalent of $1.19 billion (US), on same-store sales that were up 3.9 percent for the period.
- KC's View:
