Harris Teeter posts Q3 sales, profit gains
date:Aug 05, 2013
tores acquisition and sale a year ago, and gains of $3.1 million recognized from life insurance proceeds.

Sales for the third quarter were up 2.9%, to $1.19 billion, and comparable-store sales rose 1.29%. The company said the shift of Easter holiday sales into the second quarter of 2012 and of July 4 holiday sales into the fourth quarter of this year had a negative impact on comps of 70 basis points.

During the first nine months of fiscal 2013, Harris Teeter opened five new stores, two of whic
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