Marsh Posts Fifth Consecutive Quarterly Revenue Gain
INDIANAPOLIS -- Marsh Supermarkets Inc., the operators of 162 Village Pantry convenience stores and 119 supermarkets under various brands, reported its financial results for the third quarter of fiscal 2005.
The company's total revenues for the quarter ended Jan. 1,
2005, jumped to $403.6 million from $388.8 million in the same period last year. Net income rose to $2.7 million from $2.3 million for the comparable period in fiscal 2004.
"As our third quarter results demonstrate, Marsh has continued to operate profitably in an environment that remains challenging competitively and economically," said Don E. Marsh, chairman and CEO. "Although higher fuel prices drove much of our revenue growth for the third quarter, our continued investment in new and remodeled stores also contributed to growth in revenues for the third quarter of fiscal 2005, which represented our fifth consecutive quarterly increase in revenues."
The company said it did close one Village Pantry store in Linden, Ind., during the quarter.
The company's total revenues for the quarter ended Jan. 1,
"As our third quarter results demonstrate, Marsh has continued to operate profitably in an environment that remains challenging competitively and economically," said Don E. Marsh, chairman and CEO. "Although higher fuel prices drove much of our revenue growth for the third quarter, our continued investment in new and remodeled stores also contributed to growth in revenues for the third quarter of fiscal 2005, which represented our fifth consecutive quarterly increase in revenues."
The company said it did close one Village Pantry store in Linden, Ind., during the quarter.
In addition, make sure to read these articles:
- Quarterly Earnings a Mixed Bag
- Marsh Q1 Sales Gain 2.5, But Profits Dive
- Marsh Revenues Drop
- Distribution Shakeup Continues
- As Market Dips, 7-Eleven and Casey's Follow Suit
- Distribution Shakeup Continues
- Marsh Targets Younger Consumers
- Marsh Posts Big Loss for Third Quarter
- What the story says p.39
- Village Pantry Advances Technology
- Marsh Shareholder Bemoans Sale Price
- Village Pantry Offers Wireless Option
- Village Pantry Offers Wireless Option
- Marsh Acquisition of O'Malia's Now Officially Complete
- PEOPLE NEWS
Earnings down for Marsh, Tesoro; up for Giant Industries.
INDIANAPOLIS -- Marsh Supermarkets, Inc. here said it would cut costs and take other actions to improve profits, after posting quarterly earnings that failed to ......
Two Village Pantry convenience stores closed during the third quarter.
Marsh to sell convenience store distributing company to McLane a week after Miller & Hartman sells to Fleming.
The U.S. stock market continued its decline in the period ending Feb. 29, with the Dow Jones Industrial Average hemorrhaging below 10,000 for the first ......
Merger and acquisition activity wasn't limited to the Big Oil companies. Ownership of two popular distribution companies changed hands as major distributors continue jockeying for ......
Convenience store and supermarket operator updates Web site for Kids Club members.
Supermarket and convenience company's financial woes continue.
The unflattering story that apparently prompted Don E. Marsh to halt his ad buys was published in the Feb. 1-7 edition of the Indianapolis Business ......
Initiative will allow two-way site connectivity, corporate television at all locations.
He claims a substantial gap exists between the Sun offer and the company's book value.
Chain introduces MobileSM prepaid wireless solutions at more than 150 stores in Indiana and Ohio.
Chain introduces MobileSM prepaid wireless solutions at more than 150 stores in Indiana and Ohio.
The purchase of O'Malia Food Markets by Marsh Supermarkets Inc. is now officially complete, according to Don E. Marsh, chairman, president and CEO of the ......
Marsh Supermarkets appoints CFO; KSS hires two industry veterans.
Email
Digg It
del.icio.us
Business Resources
Sponsored Links
Site Map | Contact Us | FAQs | About Us | Media Kit | Reprints | RSS Directory | Sign Up for Free Newsletters | Disclosure Policy
Copyright © 1999 - 2008 AllBusiness.com, Inc. All rights reserved.
No part of this content or the data or information included therein may be reproduced,
republished or redistributed without the prior written consent of AllBusiness.com.
Use of this site is governed by our Copyright and Intellectual Property Policy, Terms of Use Agreement and Privacy Policy.
© Copyright 2005 Nielsen Business Media, Inc. All rights reserved.
You may not repost, republish, reproduce, package and/or redistribute the content of this page,
in whole or in part, without the written permission of the copyright holder.
Get In-Depth Company Information from Hoover's | Buy a D&B Credit Report | What is in Your Company's D&B Credit Report? | Article Archives
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Online Business Database | Online Business Information | Email Marketing Lists | Sales and Marketing Solutions | Business Mailing Lists
Information and opinions on AllBusiness.com solely represent the thoughts and opinions of the authors and are not endorsed by, or reflect the beliefs of,
AllBusiness.com, its parent company D&B, and its affiliates.
AllBusiness.com, its parent company D&B, and its affiliates.
