Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
Stater's Sales, Increased Customers And Reduced Interest Expense Improve Earnings In Fiscal 2012

SAN BERNARDINO, Calif., Dec. 18, 2012 /PRNewswire/ -- Today, Jack H. Brown, Chairman, President and Chief Executive Officer of Stater Bros. Holdings Inc. announced sales and earnings for the fifty-three week fiscal year ended September 30, 2012.

(Logo: http://photos.prnewswire.com/prnh/20121101/LA04466LOGO)

The Company's fourth quarter and fiscal 2012 sales are affected by the fourth quarter being a fourteen week quarter and the fiscal year being a fifty-three week year versus a normal thirteen week quarter and fifty-two week year.  Fiscal 2012 sales were $3.9 billion.  The extra week in fiscal 2012 added $67.8 million or 1.83% to sales.  Normalized thirteen week 2012 fourth quarter sales were $957.2 million compared to fourth quarter sales in fiscal 2011 of $941.8 million an increase of $15.4 million.  Normalized fifty-two week fiscal 2012 sales were $3.8 billion compared to fiscal 2011 sales of $3.7 billion an increase of $112.1 million. Like store sales increased 1.64% in the fourth quarter and 3.04% in fiscal 2012 over the same periods of the prior year.

The Company reported net income of $5.0 million the fourth quarter of fiscal 2012 and $5.6 million in the fourth quarter of fiscal 2011.  Net income was $37.7 million and $26.3 million for fiscal 2012 and fiscal 2011, respectively.  The Company's fiscal 2012 net income was favorably benefited by a reduction in pre-tax interest expense of $9.4 million compared to fiscal 2011.

Brown said, "We are pleased with our fiscal 2012 results.  We increased sales, increased customers and reduced our interest expense by $9.4 million.  Our success in the current year is due to our valued customers responding favorably to our marketing efforts which have emphasized quality and value and has attracted new customers in fiscal 2012.  Our results reflect the benefit of our debt refinancing last year which has significantly reduced our interest expense.  The reduction in interest expense is just one measure that we've taken to reduce cost which has allowed us to keep prices low to our customers.  During these tough economic times, low prices and value are even more important as our customers continue to face challenges to their home budgets."

Stater Bros. is the largest privately owned Supermarket Chain in Southern California and the largest private employer in both San Bernardino County and Riverside County, with annual sales in 2011 of $3.7 billion.  The Company currently operates 167 Supermarkets, and there are over 18,000 members of the Stater Bros. Supermarket Family. 

STATER BROS ... PROUDLY SERVING SOUTHERN CALIFORNIA FAMILIES FOR 76 YEARS

CONTACT: Dave Harris, Senior Vice President Finance, CFO, +1-909-733-5080

STATER BROS. HOLDINGS INC.

Condensed Consolidated Statements of Income

(In thousands)

Unaudited












13 Weeks


14 Weeks


52 Weeks


53 Weeks



Ended


Ended


Ended


Ended



09/25/11


09/30/12


09/25/11


09/30/12

Sales

$    941,846


$ 1,025,044


$ 3,693,306


$ 3,873,203










Gross profit

255,666


268,019


990,892


1,039,608










Operating expenses:









Selling, general and 









    administrative expenses

220,615


234,710


841,527


882,740


Depreciation and amortization

12,067


12,370


48,413


46,503

Total operating expenses

232,682


247,080


889,940


929,243










Operating profit

22,984


20,939


100,952


110,365










Interest income

20


27


708


116

Interest expense

(11,859)


(12,568)


(57,296)


(47,882)

Other income, net

(11)


40


82


978










Income before income taxes

11,134


8,438


44,446


63,577










Income taxes

4,668


3,450


18,156


25,868










Net income

$        6,466


$        4,988


$      26,290


$      37,709

 

STATER BROS. HOLDINGS INC.

Condensed Consolidated Balance Sheets

(In thousands)

Unaudited










09/25/11


09/30/12

Assets





Current assets






Cash and cash equivalents

$    235,784


$    219,800



Restricted cash

3,121


-



Receivables, net

32,166


47,902



Inventories

231,121


229,117



Other

43,299


46,340








Total current assets

545,491


543,159








Property and equipment, net

625,423


607,504








Deferred debt issuance costs, net

10,690


8,397


Other

51,163


49,262







Total assets

$ 1,232,767


$ 1,208,322













Liabilities and stockholder's equity





Current liabilities






Accounts payable

$    135,911


$    147,544



Accrued expenses and other liabilities

169,646


165,951



Current portion of capital lease obligations

1,107


1,242



Current portion of long-term debt

38,798


11,419








Total current liabilities

345,462


326,156








Long-term debt, less current portion

642,577


633,521


Capital lease obligations, less current portion

1,099


1,186


Other long-term liabilities

162,865


164,837








Total stockholder's equity

80,764


82,622







Total liabilities and stockholder's equity

$ 1,232,767


$ 1,208,322

 

SOURCE Stater Bros. Holdings Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

SOA World Latest Stories
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process aut...
We live in a time when seconds – even milliseconds – can have a dramatic economic impact on your company’s future. With technology being the primary conduit for consumer interaction, the user experience is at center stage. User experience will be a deciding factor in separating the fut...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at Internet of @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, will discuss how for this to be effective you not only need to have infrastru...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo ...
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, will discuss how SAP and partners provide clo...
I'll be hosting an SAP HANA Cloud webinar at 11am eastern time, Wednesday, October 29. You can sign up now. Featured speakers will be Allan Adler, Managing Partner, Channel Cloud Consulting, and Thorsten Leiduck, VP ISVs & Digital Commerce, SAP. Attendees will learn about • Clou...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE