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Ruddick Chief pleased with A&E's results
30 Apr '10
3 min read
The Company reported that consolidated net income in the second quarter of fiscal 2010 increased by 19.8% to $27.5 million, or $0.57 per diluted share, from the $22.9 million, or $0.48 per diluted share reported in the prior year second quarter. For the 26 weeks ended March 28, 2010, consolidated net income increased by 11.8% to $51.2 million, or $1.06 per diluted share, from the $45.8 million, or $0.95 per diluted share reported in the same period of fiscal 2009. The increase in net earnings for both the fiscal quarter and 26-week period was driven by operating profit improvements at both Harris Teeter and A&E when compared to the prior year periods.
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Ruddick Corporation
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