Pathmark Stores Inc
Stock Symbol: PTMK
200 Milik Street
Pathmark Stores Inc Industry:
Pathmark Stores Inc Description:
Pathmark Stores, Inc. operates 143 supermarkets in the New York-New Jersey and Philadelphia metropolitan areas.
Pathmark Stores Inc Financial Summary:
Pathmark Stores, Inc. is a supermarket chain that operates 144 stores primarily in the New York, New Jersey and Philadelphia metropolitan areas, 131 of which include full-service pharmacies. For the 29 weeks ended 7/30/05, sales rose less than 1% to $2.00B. Net loss rose from $3.4M to $7.2M. Revenues reflect higher same-store sales and the opening of new stores. Higher loss reflects higher operating expenses as a percentage of sales.
Pathmark Stores Inc Business Summary:
Pathmark Stores, Inc. operates a supermarket chain in New Jersey, New York, Pennsylvania and Delaware. During the fiscal year ended January 29, 2005 (fiscal 2004), Pathmark operated 143 supermarkets, of which 66 stores are located in New Jersey, 55 stores are in New York, 18 stores are in Pennsylvania and four stores are in Delaware. The Company's stores average approximately 52,400 square feet in size and are approximately 19% larger than the average United States supermarket. Pathmark designs its stores to provide customers with one-stop shopping with a variety of foods and general merchandise, as well as a host of additional conveniences, including 130 in-store, full-service pharmacies and an array of financial services offered by 83 in-store banks. In addition, the Company offers over 3,500 private-label products under the Pathmark name.