date:Dec 20, 2013
ny has reinvested in the business in several high-profile ways in the last 12 months.
We have sacrificed gross profit and profitability in the short term, Dave Harris, Stater Bros. executive vice president for finance, said on a conference call with bondholders and equity analysts Wednesday morning.
All told, Stater Bros. had $3.9 billion in sales for the year, an increase of more than 1.4 percent from 2012. Sales in the fourth quarter were $960.4 million.
Harris added that Stater Bros. has n