date:Dec 16, 2013
said net profit for the quarter ending 24 November grew by 2.2% to $425m, with sales up 5.5% to $24.6bn, on like-for-like growth of 3%. Excluding the impact of gasoline price deflation and currency fluctuations, LFL sales were up 4% in the US and 6% internationally, with group LFL sales up 5%.
Galanti said margins in fresh foods were down compared to last year, but added that store traffic was up 4.5% and total membership rose almost 2% to 72.5 million.