April 4, 2006 |
Warehouse food retailer Smart & Final Inc. is test marketing a new product -- itself. The City of Commerce-based chain said Monday that it planned to hire legal and financial advisors to help it determine "strategic alternatives," Wall Street-speak that usually means selling the company. Analysts say the 250-store chain has been hampered by a majority shareholder that has shown little interest in the business but a sale could position Smart & Final for significant growth.
February 23, 2000 |
Home Depot Inc. said its fourth-quarter profit jumped 38% to $578 million, or 25 cents a share, a penny better than expectations, as sales grew 26% to $9.17 billion. Limited Inc.'s profit from operations rose 37% to $294.9 million, or $1.31 a share, well beyond the $1.18 a share analysts expected, on a 4.9% rise in sales to $3.29 billion. Limited also said it plans to buy back up to $200 million of its shares. Smart & Final Inc. posted fourth-quarter operating earnings of $5.
April 20, 2005 |
Warehouse supermarket chain Smart & Final Inc. reported first-quarter profit dropped sharply year-over-year, as sales were weakened by record rainfall in the company's key Southern California region. Net income fell to $3.2 million, or 11 cents a share, from $6.2 million, or 22 cents, a year earlier. Sales rose 1% to $427.6 million from $423.5 million, said the City of Commerce-based company.
February 15, 2006
Smart & Final Inc. said its fiscal fourth-quarter earnings more than doubled despite a decline in sales. The City of Commerce-based operator of warehouse food and foodservice supply stores posted net income of $9.3 million, or 21 cents a share, up from $4.2 million, or 14 cents, a year earlier. Revenue declined to $457 million from $471 million.
February 20, 2003
Smart & Final Inc. reported fourth-quarter net income of $1.5 million, or 5 cents a share, compared with $3.9 million, or 13 cents, in the year-earlier period. Sales increased 4% to $467.8 million.
April 3, 2006 |
Smart & Final Inc., the City of Commerce-based operator of 250 warehouse grocery stores in the Western U.S., said late Sunday that it would hire advisors and review its options as its largest shareholder plans to sell assets. The company, founded in downtown Los Angeles in 1871, said majority shareholder Casino Guichard-Perrachon of France planned to sell "a significant portion of its non-core assets" by the end of 2007.