Smart & Final Stores: 1Q Earnings Snapshot
COMMERCE, Calif. (AP) _ Smart & Final Stores Inc. (SFS) on Wednesday reported a loss of $6.7 million in its first quarter.
The Commerce, California-based company said it had a loss of 9 cents per share. Losses, adjusted for one-time gains and costs, came to 4 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The warehouse store operator posted revenue of $1.04 billion in the period.
Smart & Final Stores shares have climbed 38% since the beginning of the year. The stock has climbed 28% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFS at https://www.zacks.com/ap/SFS