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Smart & Final reports increases in quarterly profit and sales
Commerce, Calif. -- Smart & Final Stores, Inc. reported that profit for the third quarter edged up 1.9% to $10.2 million. Sales surged 10.8% to $1.13 billion, and same-store sales leapt 6.6%. “We continue to grow sales in both of our store banners--Smart & Final and Cash & Carry--and this has translated into strong financial results.," said Dave Hirz, president and CEO.