Albertson’s Inc.: The Boise, Idaho, supermarket chain...
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From Times Wire Reports
Albertson’s Inc.: The Boise, Idaho, supermarket chain said first-quarter net income rose 14.6% to $58.7 million, while revenue climbed 7.5% to $2.16 billion. Gross margin rose to 23.16% from 23% a year ago. This increase was due primarily to continued efficiencies realized from the company’s distribution centers as retail gross margin remained relatively constant, the firm said.
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