- Net sales increased 2.4% to $938.2 million for the first quarter
- Adjusted net income, which excludes the impact of debt extinguishment and one-time IPO expenses, grew 20.4% to $10.6 million, or $0.28 diluted earnings per common share, for the first quarter
- Adjusted EBITDA decreased 4.2% to $48.7 million for the first quarter
- Raised approximately $111.9 million of proceeds in initial public offering and reduced total debt by approximately 14.4% to $702.2 million
Roundy’s, Inc. (“Roundy’s”) (NYSE: RNDY), a leading grocer in the Midwest, today reported financial results for the first quarter ended March 31, 2012.