A&P Reports Fiscal Results
Montvale, N.J. The Great Atlantic & Pacific Tea Co. announced Tuesday that second-quarter sales were $2.2 billion vs. $1.3 billion for the same period in 2007. Same-store sales, excluding Pathmark stores that were acquired in December 2007, increased 2.8%. However, same-store sales at the Pathmark stores were also up a comparable 2.9% over the same period.
Year-to-date performance was even stronger, same-store sales for both A&P and Pathmark stores rose 3.0% and total sales for the 28-week period were $5.1 billion vs. $3.0 billion in 2007.