• Pathmark reported a second quarter loss of $18.8 million, compared to a loss of $8.8 million during the same period a year ago.
Revenue for the period ended dropped to $998.5 million, down from $1 billion in the previous year. Same-store sales for the quarter dipped 0.2 percent.
Pathmark said that the Q2 figures included $7.2 million in costs related to its acquisition by The Great Atlantic & Pacific Co. (A&P).
Revenue for the period ended dropped to $998.5 million, down from $1 billion in the previous year. Same-store sales for the quarter dipped 0.2 percent.
Pathmark said that the Q2 figures included $7.2 million in costs related to its acquisition by The Great Atlantic & Pacific Co. (A&P).
- KC's View:
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Normally, I’d make a wisecrack here like, “Already the A&P effect is being felt. Just wait until the deal is done…”
But I’ve been criticized lately for being a little mean to the folks in Montvale. So I won’t.
(We only kid because we love.)