The group's supermarkets here increased sales to $2.94 billion in the 27 weeks ended December 30 from $2.88 billion a year earlier.
The three Foodstuffs grocery co-operatives have collectively clocked up $8 billion in sales, making them the country’s largest enterprise after Fonterra based on revenue.
Two of the co-operatives, based in Auckland and the South Island, have reported for the year to February 28, while the Wellington-based Foodstuffs has reported to March 31.
The sales increase of 3.9% on the previous 12 months compares with a rise of 4.6% for supermarkets operated by Woolworths under the Progressive Enterprises banner.
Australasian retail giant Woolworths has shrugged off the challenging economic environment to record a sales rise of 8.8% for the first half of the financial year, although its New Zealand operations continue to struggle in a competitive market.
Overall, sales in the company were up $A2.1 billion to $A26.1 billion and Woolworths chief executive and managing director Michael Luscombe understandably says he is pleased with the result in the current climate.
Shares in the Warehouse dropped 61 cents to $3.21 this morning following the Court of Appeal reversing a High Court decision to allow the sale of the Warehouse to either Foodstuffs or Woolworths.
A loss for shareholders was nevertheless hailed as a gain for consumers by the Commerce Commission, and a victory for competition in markets.