Roundy's Reports its Q2 2015 Financial Results

MILWAUKEE, WI - Shares for Roundy’s Inc. have jumped over 4 percent in after-hours trading following its better-than-expected Q2 2015 financial report.
Bob Mariano, CEO and Chairman, Roundy's
"During the second quarter of 2015, we exceeded our net sales and same-store sales targets and we achieved our EBITDA target for the quarter," said Bob Mariano, Chairman, President and CEO of Roundy's. "We remain committed to achieving sustainable top-line growth by strengthening our brands in Wisconsin and expanding our growth banner, Mariano's, in Illinois. Our Mariano's banner celebrated its five-year anniversary with the opening of our 32nd Mariano's store in June.”
Mariano's. Photo Credited to Popai.
Net sales from continuing operations for the second quarter of 2015 were $998.3 million, an increase of $55.4 million, or 5.9%, from $942.9 million for the second quarter of 2014. According to Benzinga Financial News, however, analysts were expecting a loss of $0.04 per share on revenue of $984.4 million.
Other highlights from Roundy’s report include:
Roundy's Last 1 Month of Share Prices According to Google Finance.
As of 4:10 PM PST, Roundy’s shares climbed over 4.5 percent to $2.94 in the after-hours trading session.