Stater Bros. reports Q1

SAN BERNARDINO, Calif. — Stater Bros. reported its first-quarter sales for fiscal year 2012 on Tuesday.

First-quarter sales rose 6.86% to $960.7 million, compared with the year-ago period, while same-store sales also increased 6.86% to $61.7 million. The company also reported net income for the 13-week first quarter ended Dec. 25 totaled $9 million, compared with net income of $2.8 million during the 13-week first quarter ended Dec. 26, 2010.

"In the first quarter of fiscal 2012, our 'valued customers' and new customers have continued to respond favorably to our marketing plan of providing them with low prices, quality and value that they experience on each of their visits to our supermarkets," Stater Bros. chairman, president and CEO Jack Brown said. "During these continuing tough economic times that has had such a negative effect on our customers' family budgets, we remain committed to providing value so our customers get the most out of their shopping dollars as we help share their financial burden."