28 Jul 2010 —  A&P First-Quarter Results Announced

A&P announced a 7.2% sales decrease for the first 16 weeks to 19 June 2010, down to USD 2.6 billion from USD 2.8 billion last year.

  • Net loss increased by 88% to USD 112.6 million, compared to a net loss of USD 56.1 million in the previous year.
  • EBITDA was USD 19 million, compared to USD 81 million for last fiscal year’s Q1.
  • A&P currently operates 429 stores in the US.
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