Nash Finch Co announced financial results for the fourth quarter and year ended Dec 30, 2006.
The food distribution company' sales for fiscal 2006 were $4.632 billion, compared with $4.556 billion in fiscal 2005. The increase in sales reflects the company's acquisition of food distribution divisions in Lima OH and Westville IN effective March 31, 2005, and stronger sales in the military segment.
Sales for the fourth quarter of 2006 were $1.099 billion, versus $1.123 billion in the same quarter a year earlier.
For fiscal 2006, Nash Finch's net loss was $23.0 million, in contrast to net earnings of $41.3 million for fiscal 2005.
For the fourth quarter of 2006, the company's net loss was $26.4 million, versus net earnings of $13.5 million in the prior year quarter.
