Arden Group, Inc. (ARDNA), the parent company of supermarket chain Gelson's Markets, reported first-quarter net income of $2.9 million or 0.95 per share, down from $5.7 million or $1.79 per share in the same period last year.
Sales for the quarter rose to $107.2 million from $104.2 million a year ago.
Same store sales from the company's 17 supermarkets, excluding the Northridge loaction, were $104.5 million, compared to $100.8 million in the first quarter of 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.