Smart & Final Stores management to participate at the Barclays Eat, Sleep, Play Conference in New York City

COMMERCE, Calif., 2017-Dec-06 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (Dec. 4, 2017) announced that David Hirz, President and Chief Executive Officer, and Richard Phegley, Senior Vice President and Chief Financial Officer, will participate in the Barclays Eat, Sleep, Play Conference to be held December 6 -7, 2017 in New York City. Management is scheduled to participate in a fireside chat on Wednesday, December 6th at 10:00 am ET.

The fireside chat will be webcast live and hosted on the Investors section of the Company’s website at http://www.smartandfinal.com/events and will be archived and available for 30 days following the event.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of October 8, 2017, the Company operated 316 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, Idaho, Montana and Utah, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for over 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

Media contact:
E-Mail: press@smartandfinal.com

SOURCE: Smart & Final Stores, Inc.

Smart & Final Stores to report Q3 2017 financial results on Wednesday, November 15, 2017

COMMERCE, Calif., 2017-Nov-02 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (Nov. 1, 2017) announced that it will report its financial results for the third quarter ended October 8, 2017, on Wednesday, November 15, 2017, after the close of market. David Hirz, President and Chief Executive Officer, and Richard Phegley, Senior Vice President and Chief Financial Officer, will host a conference call to discuss the results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day.

The call will also be broadcast live over the Internet, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

Smart & Final Stores Third Quarter 2017 Conference Call Details

Date: Wednesday, November 15, 2017

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Dial-In: 1-877-407-0784 (domestic), 1-201-689-8560 (international)

Conference ID: 13671853

A telephonic replay of the call will be available beginning Wednesday, November 15, 2017 at 8:00 p.m. Eastern Time through Wednesday, November 29, 2017 at 11:59 p.m. Eastern Time. To access the replay, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and enter the replay pin number: 13671853. A replay of the webcast will also be available for 60 days upon completion of the conference call, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

About Smart & Final

Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of October 8, 2017, the Company operated 316 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, Idaho, and Utah, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for over 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

SOURCE: Smart & Final Stores, Inc.

Smart & Final Stores announces participation in upcoming conferences

COMMERCE, Calif., 2017-May-25 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (May 24, 2017) announced that Richard Phegley, Senior Vice President and Chief Financial Officer, will participate in the following upcoming conferences:

  • The RBC Capital Markets 2017 Consumer and Retail Conference taking place on May 31, 2017 in Boston, MA. The Company is scheduled to participate in a fireside chat at 2:40 pm ET.
  • The 17th Annual Oppenheimer Consumer Conference taking place on June 20, 2017 in Boston, MA. The Company is scheduled to participate in a fireside chat at 9:05 am ET.
  • The Jefferies 2017 Consumer Conference taking place on June 21, 2017 in Nantucket, MA. The Company is scheduled to present at 9:30 am ET.

The presentations will be webcast live over the Internet hosted on the Investor Information section of the Company’s website at https://www.smartandfinal.com/investors.aspx and will be archived and available for 30 days following each event.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of March 26, 2017, the Company operated 308 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, Idaho and Utah, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for over 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

Contact:

E-Mail: press@smartandfinal.com

SOURCE: Smart & Final Stores, Inc.

Smart & Final Stores to release 1Q 2017 financial results on Wednesday, May 3, 2017

COMMERCE, Calif., 2017-Apr-13 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today announced that it will report its financial results for the first quarter ended March 26, 2017, on Wednesday, May 3, 2017, after the close of market. David Hirz, President and Chief Executive Officer, and Richard Phegley, Senior Vice President and Chief Financial Officer, will host a conference call to discuss the results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day.

The call will also be broadcast live over the Internet, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

Smart & Final Stores First Quarter 2017 Conference Call Details

Date: Wednesday, May 3, 2017

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Dial-In: 1-877-423-9813 (domestic), 1-201-689-8573 (international)

Conference ID: 13659241

A telephonic replay of the call will be available beginning Wednesday, May 3, 2017, at 8:00 p.m. Eastern Time, through Wednesday, May 17, 2017, at 11:59 p.m. Eastern Time. To access the replay, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and enter the replay pin number: 13659241. A replay of the webcast will also be available for 60 days upon completion of the conference call, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of March 26, 2017, the Company operated 308 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, Idaho, and Utah, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for over 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

SOURCE Smart & Final Stores, Inc.

Smart & Final Investor Relations:
Addo Investor Relations
Andrew Greenebaum/Laura Bainbridge
310-829-5400
Email: investors@smartandfinal.com

Smart & Final Media Inquiries:
Email: press@smartandfinal.com

Elaine Rubin elected to Smart & Final Stores’ board of directors

COMMERCE , Calif., 2017-Feb-11 — /EPR Retail News/ — Smart & Final Stores, Inc. (the “Company”) (NYSE:SFS), today announced the election of Elaine Rubin to its board of directors (the “Board”), effective January 5, 2017.

Dave Hirz, President and Chief Executive Officer, commented, “With 145 years of history at Smart & Final, it’s as important as ever to evolve the ways we listen to and engage with our customers, which is why Elaine Rubin will be an excellent addition to our board of directors. Elaine’s extensive board and management experience in ecommerce and digital retail will provide valuable perspectives and insights on our customer-centric business. We’re pleased to have her join our Board as Smart & Final continues its growth plan and works to provide innovative offerings to its customers.”

Ms. Rubin is the founder and president of Digital Prophets Network, a consulting, advisory and executive placement firm, with a network of more than 150 certified digital and retail commerce experts. Elaine personally has more than 20 years of executive management and advisory experience in projecting, developing and managing ecommerce, digital, marketing, retail and direct-to-consumer businesses, ranging from leadership positions at 1800flowers.com, iVillage.com and amazon.com, and helping brands like Pier1 Imports and elf cosmetics develop their dotcom digital strategies. As a direct-to-consumer business and multichannel marketing pioneer with strategic and operational experience in retail, she is best known in the industry as the founder of Shop.org, the digital division of National Retail Federation (NRF).

Ms. Rubin is actively engaged as a board member of Blue Nile (NILE;NASDAQ), a board member of Moosejaw Mountaineering (a private company dedicated to outdoor fun), an advisor to Hint Inc. (a private company dedicated to healthy beverage consumption), a member of the Shop.org Think Tank, and co-founder of Retreat & Disrupt (an invite only digital leader’s summit).

Previously, Ms. Rubin served as founder, chairman and board member of Shop.org, board member and recipient of the Silver Plaque Award for service to NRF, and retail advisory board member for Hilco Global.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of October 9, 2016, the Company operated 304 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, and Idaho, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

Forward-Looking Statements
Certain statements contained in this release that are not historical information contain forward-looking statements. The forward-looking statements involve risks and uncertainties and actual results may differ materially from those projected or implied. Further, certain forward-looking statements are based on assumptions of future events which may not prove to be accurate. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or, in each case, their negative, or other variations or comparable terminology. The Company derives many of its forward-looking statements from its operating budgets and forecasts, which are based upon many detailed assumptions. While the Company believes that its assumptions are reasonable, it is difficult to predict the impact of known factors and, of course, it is impossible to anticipate all factors that could affect actual results. These factors are discussed in the special note concerning “Forward-Looking Statements,” “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and “Business” sections and elsewhere in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission.

You should keep in mind that any forward-looking statement made by the Company herein, or elsewhere, speaks only as of the date on which made. New risks and uncertainties come up from time to time, and it is impossible for the Company to predict these events or how they may affect it. The Company has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

INVESTOR CONTACTS:
Laura Bainbridge / Andrew Greenebaum
Addo Investor Relations
O: 310.829.5400
investors@smartandfinal.com

MEDIA CONTACT:
press@smartandfinal.com

Source: Smart & Final Stores, Inc.

Smart & Final Stores to report its 3Q FY 2016 financial results on Wednesday, November 16, 2016

COMMERCE, Calif., 2016-Oct-30 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today (Oct. 28, 2016) announced that it will report its financial results for the third quarter ended October 9, 2016, on Wednesday, November 16, 2016, after the close of market. David Hirz, President and Chief Executive Officer, and Richard Phegley, Senior Vice President and Chief Financial Officer, will host a conference call to discuss the results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day.

The call will also be broadcast live over the Internet, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

Smart & Final Stores Third Quarter 2016 Conference Call Details

Date:                           Wednesday, November 16, 2016

Time:                          2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Dial-In:                      1-877-407-0784 (domestic)

1-201-689-8560 (international)

Conference ID:      13647684

A telephonic replay of the call will be available beginning Wednesday, November 16, 2016, at 8:00 p.m. Eastern Time, through Wednesday, November 30, 2016, at 11:59 p.m. Eastern Time. To access the replay, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and enter the replay pin number: 13647684. A replay of the webcast will also be available for 60 days upon completion of the conference call, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of October 9, 2016, the Company operated 304 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, and Idaho, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

Contact: 

E-Mail: press@smartandfinal.com

SOURCE: Smart & Final Stores, Inc.

Smart & Final Stores, Inc. to report its financial results for second quarter ended June 19, 2016 on July 28, 2016

COMMERCE, Calif., 2016-Jul-08 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today announced that it will report its financial results for the second quarter ended June 19, 2016, on Thursday, July 28, 2016, after the close of market. David Hirz, President and Chief Executive Officer, and Richard Phegley, Senior Vice President and Chief Financial Officer, will host a conference call to discuss the results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time the same day.

The call will also be broadcast live over the Internet, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

Smart & Final Stores Second Quarter 2016 Conference Call Details

Date: Thursday, July 28, 2016

Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)

Dial-In: 1-877-407-0784 (domestic), 1-201-689-8560 (international)

Conference ID: 13639710

A telephonic replay of the call will be available beginning Thursday, July 28, 2016, at 8:00 p.m. Eastern Time, through Thursday, August 11, 2016, at 11:59 p.m. Eastern Time. To access the replay, dial 1-877-870-5176 (domestic) or 1-858-384-5517 (international) and enter the replay pin number: 13639710. A replay of the webcast will also be available for 60 days upon completion of the conference call, accessible through the Investors section of Smart & Final’s website at www.smartandfinal-investor.com.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of June 19, 2016, the Company operated 306 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, and Idaho, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

INVESTOR CONTACTS:
Laura Bainbridge / Andrew Greenebaum
Addo Communications
O: 310.829.5400
investors@smartandfinal.com

MEDIA CONTACT:
press@smartandfinal.com

SOURCE Smart & Final Stores, Inc.

 

Smart & Final Stores, Inc. announces participation in upcoming conferences this June

COMMERCE, Calif., 2016-Jun-10 — /EPR Retail News/ — Smart & Final Stores, Inc. (NYSE: SFS), the value-oriented food and everyday staples retailer, today announced participation in the following upcoming conferences.

  • David Hirz, President and Chief Executive Officer and Richard Phegley, Senior Vice President and Chief Financial Officer will participate in the Piper Jaffray 36th Annual Consumer Conference taking place on June 14, 2016 in New York, NY. Management is scheduled to participate in a fireside chat at 12:00 PM ET that day.
  • Richard Phegley, Senior Vice President and Chief Financial Officer will participate in the Oppenheimer 16th Annual Consumer Conference taking place on June 21, 2016 inBoston, MA. Mr. Phegley is scheduled to participate in a fireside chat at 1:45 PM ET that day.
  • Richard Phegley, Senior Vice President and Chief Financial Officer will participate in the Jefferies 2016 Consumer Conference taking place on June 22, 2016 in Nantucket, MA.Mr. Phegley is scheduled to present at 1:30 PM ET that day.

The presentations will be webcast live over the Internet hosted on the Investor Information section of the Company’s website at https://www.smartandfinal.com/investors.aspx and will be archived and available for 30 days following each event.

About Smart & Final
Smart & Final Stores, Inc. (NYSE:SFS), is a value-oriented food and everyday staples retailer, headquartered in Commerce (near Los Angeles), California. The Company offers quality products in a variety of sizes, saving household, nonprofit and business customers time and money. As of March 27, 2016, the Company operated 290 grocery and foodservice stores under the “Smart & Final,” “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, and Idaho, with an additional 15 stores in Northwestern Mexico operated through a joint venture. In business for 145 years, the Company remains committed to giving back to local communities through employee volunteer opportunities and Company donations to local nonprofits.

SOURCE Smart & Final Stores, Inc.

Smart & Final Stores Q4 and full year 2015: net sales up 12.4%

COMMERCE, Calif., 2016-Mar-10 — /EPR Retail News/ — Smart & Final Stores, Inc. (the “Company”) (NYSE:SFS), the value-oriented food and everyday staples retailer, today reported financial results for the thirteen week and fifty-three week periods ended January 3, 2016.

Full Year Highlights:

  • Net sales increased 12.4% to $3.97 billion
  • Comparable store sales growth of 4.5%
  • Net income of $38.3 million, or $0.50 per diluted share
  • Adjusted net income increased 21.0% to $56.3 million, or $0.73 per diluted share
  • Adjusted EBITDA increased 9.5% to $192.9 million
  • 276 stores at year-end, including 127 Smart & Final Extra! stores

“2015 was an exceptional year for Smart & Final Stores,” said Mr. David Hirz, President and Chief Executive Officer. “Our focus on execution positioned us to deliver strong top-line sales growth and record bottom-line financial performance.  We completed our 2015 store development plan, which included expanding our Smart & Final Extra! store base by nearly 30% and adding two new Cash & Carry stores. Additionally, we continued the successful roll-out of key merchandising initiatives, which helped contribute to our 26th year of positive comparable store sales over the past 27 years.”

Mr. Hirz added, “We’ve set a new standard for growth at Smart & Final Stores and have made the necessary investments to support an accelerated pace of expansion in 2016. We plan to increase our Smart & Final banner store base by 15% this year, driven by the successful acquisition of 33 store leases and related assets in central and southern California previously operated under the Haggen banner.  In addition, we plan to open four to five new Cash & Carry stores in 2016.”

In order to aid understanding of the Company’s business performance, it has presented results in conformity with accounting principles generally accepted in the United States(“GAAP”) and has also presented adjusted net income, adjusted net income per share, adjusted net income per diluted share, EBITDA and adjusted EBITDA, which are non-GAAP measures that are explained and reconciled to the comparable GAAP measures in the tables included in this release. Where applicable, the numbers below are first presented on a GAAP basis and then on an adjusted basis.

Fourth Quarter Fiscal 2015 Financial Results
Net sales were $997.6 million, representing an 18.9% increase as compared to $839.3 millionin the same period of 2014. An increase in net sales of $73.3 million was attributable to an additional week in the fourth quarter of 2015 as compared to the same period in 2014. Net sales growth was driven by a 3.5% increase in comparable store sales and from the net sales contribution of new stores. The growth in comparable store sales was comprised of a 3.9% increase in comparable transaction count and a 0.4% decrease in comparable average transaction size, which was negatively impacted by deflation.

Net sales for Smart & Final banner stores were $780.6 million, a 21.1% increase as compared to $644.6 million in the same period of 2014.  Comparable store sales growth for the Smart & Final banner was 4.1% in the fourth quarter.

Net sales for Cash & Carry banner stores were $217.0 million, an 11.5% increase as compared to $194.7 million in the same period of 2014.  Comparable store sales growth for the Cash & Carry banner was 1.7% in the fourth quarter.

Gross margin from operations was $147.9 million, an 18.3% increase as compared to $125.0 million in the same period of 2014. Gross margin rate in the fourth quarter was 14.8% as compared to 14.9% in the same period of 2014.

Operating and administrative expenses were $125.9 million, a 21.0% increase as compared to$104.0 million in the same period of 2014. This increase was primarily related to increased store development activities and increased public company costs.

Net income was $10.0 million, as compared to $9.3 million in the same period of 2014. Net income per diluted share was $0.13 as compared to $0.12 in the same period of 2014, and reflects an increase of approximately 1.3 million fully diluted shares.

Adjusted net income was $14.7 million, an increase of 19.5% as compared to $12.3 million for the same period of 2014. Adjusted net income per diluted share was $0.19 as compared to$0.16 in the same period of 2014, and reflects an increase of approximately 1.3 million fully diluted shares.

Adjusted EBITDA was $47.4 million, an increase of 14.7% as compared to $41.3 million in the same period of 2014.

Full Year Fiscal 2015 Financial Results
Net sales were $3,971.0 million for the 53 weeks ended January 3, 2016, representing a 12.4% increase as compared to $3,534.2 million in fiscal 2014.  An increase in net sales of$73.3 million was attributable to an additional week in fiscal 2015 as compared to 2014. Net sales growth was driven by a 4.5% increase in comparable store sales and from the net sales contribution of 22 new store openings in 2015. The growth in comparable store sales was comprised of a 4.4% increase in comparable transaction count and a 0.1% increase in comparable average transaction size.

Net sales for Smart & Final banner stores were $3,036.9 million, a 13.8% increase as compared to $2,668.9 million in fiscal 2014. Fiscal 2015 comparable store sales growth for theSmart & Final banner was 4.4%.

Net sales for Cash & Carry banner stores were $934.0 million, a 7.9% increase as compared to $865.3 million in fiscal 2014.  Fiscal 2015 comparable store sales growth for the Cash & Carry banner was 4.5%.

Gross margin from operations was $598.9 million, an increase of $71.6 million, or 13.6%, as compared to $527.3 million in fiscal 2014. As a percentage of sales, gross margin rate for fiscal 2015 was 15.1% as compared to 14.9% in fiscal 2014.

Net income was $38.3 million, a 15.5% increase as compared to $33.1 million in fiscal 2014. Net income per diluted share was $0.50 as compared to $0.52 in fiscal 2014, and reflects an increase of approximately 13.3 million fully diluted shares, including shares issued in the Company’s September 2014 initial public offering (the “IPO”).

Adjusted net income was $56.3 million, an increase of 21.0% as compared to $46.5 million in fiscal 2014. Adjusted net income per diluted share was $0.73 in both fiscal 2015 and fiscal 2014, reflecting an increase of approximately 13.3 million fully diluted shares, including shares issued in the IPO.

Adjusted EBITDA was $192.9 million, an increase of 9.5% as compared to $176.1 million in fiscal 2014.

Growth and Development
During fiscal 2015, the Company opened 20 new Smart & Final Extra! stores and completed nine conversions of legacy Smart & Final stores to the Smart & Final Extra! format, including three store relocations. The Company also opened two new Cash & Carry stores. As of January 3, 2016, the Company operated a total of 127 Smart & Final Extra! and 94 legacy Smart & Final stores, and 55 Cash & Carry stores.

Leverage and Liquidity
At January 3, 2016, the Company’s debt, net of debt discount, was $595.1 million and cash and cash equivalents was $59.3 million.

In the 53-week period ended January 3, 2016, the Company generated cash from operations of $145.4 million. The Company invested $128.9 million in capital expenditures, primarily related to the development of Extra! format stores, and Cash & Carry stores and to improvements of existing assets. In the fourth quarter, the Company invested an additional$66.4 million in the acquisition of 33 store leases and related assets previously operated under the Haggen banner.

Outlook
Mr. Hirz added, “We look forward to building on our positive momentum in 2016. We have a strong team in place and the resources to execute our multi-year growth plan. As a result, we’re anticipating that 2016 will mark our 27th year of positive comparable store sales in the last 28 years.”

Leverage and Liquidity
At January 3, 2016, the Company’s debt, net of debt discount, was $595.1 million and cash and cash equivalents was $59.3 million.

In the 53-week period ended January 3, 2016, the Company generated cash from operations of $145.4 million. The Company invested $128.9 million in capital expenditures, primarily related to the development of Extra! format stores, and Cash & Carry stores and to improvements of existing assets. In the fourth quarter, the Company invested an additional$66.4 million in the acquisition of 33 store leases and related assets previously operated under the Haggen banner.

Outlook
Mr. Hirz added, “We look forward to building on our positive momentum in 2016. We have a strong team in place and the resources to execute our multi-year growth plan. As a result, we’re anticipating that 2016 will mark our 27th year of positive comparable store sales in the last 28 years.”

SOURCE Smart & Final Stores, Inc.

Smart & Final Stores marks one-year anniversary of its listing as a public company on NYSE

Project 100 Growth Plan Will Build on Company’s Accelerated “Extra!” Format ExpansionUnique Market Offering, Broad Range of Differentiated Products and Dedication to Strong Customer Relationships Resonate Powerfully with Consumers

NEW YORK, 2015-9-22 — /EPR Retail News/ — Smart & Final Stores, Inc. (“Smart & Final” or the “Company”) (NYSE: SFS), a value and quality-oriented food and everyday staples retailer that serves household and business customers, today marks the one-year anniversary of its listing as a public company on the New York Stock Exchange (the “NYSE”). This one-year milestone celebrates “Project 100”, the continuation of the Company’s accelerated expansion plan focused on its “Extra!” and Cash & Carry format stores.   Project 100 is Smart & Final’s growth and community plan that calls for opening 100 new stores, investment in 100 new neighborhood projects and 100 teams of new store employees.

Chief Executive Officer Dave Hirz will be joined this morning by Smart & Final senior management and members of the board of directors to ring The Opening Bell® at the NYSE inNew York City.

“We have achieved strong financial growth during our first year as a public company, and have accelerated the expansion of our “Extra!” store format. Building upon our established “Extra!” and Cash & Carry footprint throughout the Western United States, we are now focused on executing our Project 100 plan, which includes opening over 100 “Extra!” and Cash & Carry format stores in the next four years,” said Hirz. “We believe our consistent focus on value, quality and convenience resonates powerfully with our business and household consumers, and gives us an edge in a competitive market.”

Currently, Smart & Final operates 266 stores in California, Oregon, Washington, Arizona,Nevada, and Idaho. As part of Project 100, the Company plans to open 100 new stores, in-line with the Company’s 10% annual unit growth plan, and to hire at least 5,000 new employees to staff those stores over the next four years. Additionally, with every store Smart & Final opens, the Company will continue to give back to the communities in which it operates via philanthropic donations and partnerships, solidifying its commitment to being a good neighborhood partner.

For more than 140 years, the Company has delivered quality products with exceptional value and shopping convenience to both household and business customers.  Smart & Final’s roots can be traced back to 1871 when the “Hellman, Haas & Co.,” was founded in the city of Los Angeles. In 1915, J.S. Smart and H.D. Final purchased the store and changed the name to Smart & Final.  The Company represents one of the longest, continuously operated food retailers in the United States and has become a trusted, community brand in the markets it serves.

In its first year as a public company, Smart & Final has continued to launch several product and marketing initiatives to meet the ever-changing needs of its customers, from expanding its popular private label First Street and organic private label Sun Harvest to expanding natural produce selection in its stores and partnering with Instacart and Google Shopping for in-home and office delivery service.

Garvis Toler, NYSE’s Global Head of Capital Markets, added, “We are excited to welcome Smart & Final back to the New York Stock Exchange on the one-year anniversary of their initial public offering. Smart & Final is a valued member of the NYSE family of listed companies, and we look forward to a long and fruitful partnership with the company.”

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value and quality -oriented food and everyday staples retailer that serves household and business customers. The Company is headquartered in Commerce (near Los Angeles), California, where it was founded over 140 years ago. As of September 22, 2015, the Company operated 266 grocery and foodservice stores under the “Smart & Final”, “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, and Idaho, with an additional 16 stores in northern Mexico operated through a joint venture.

Forward-Looking Statements
Certain statements contained in this release that are not historical information contain forward-looking statements. The forward-looking statements involve risks and uncertainties and actual results may differ materially from those projected or implied. Further, certain forward-looking statements are based on assumptions of future events which may not prove to be accurate. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or, in each case, their negative, or other variations or comparable terminology. The Company derives many of its forward-looking statements from its operating budgets and forecasts, which are based upon many detailed assumptions. While the Company believes that its assumptions are reasonable, it is difficult to predict the impact of known factors and, of course, it is impossible to anticipate all factors that could affect actual results. These factors are discussed in the “Risk Factors,” “Special Note Concerning Forward-Looking Statements,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and “Business” sections and elsewhere in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission.

You should keep in mind that any forward-looking statement made by the Company herein, or elsewhere, speaks only as of the date on which made. New risks and uncertainties come up from time to time, and it is impossible for the Company to predict these events or how they may affect it. The Company has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

SOURCE Smart & Final Stores, Inc.

Paul N. Hopkins and Kenneth I. Tuchman join Smart & Final Stores board of directors

COMMERCE, Calif., 2015-9-18 — /EPR Retail News/ — Smart & Final Stores, Inc. (the “Company”) (NYSE: SFS) today announced the elections of Paul N. Hopkins and Kenneth I. Tuchman to its board of directors (the “Board”), effective today.

Dave Hirz, President and Chief Executive Officer, commented, “I’m pleased that Paul and Ken are joining our board of directors, adding extensive and diverse strategic expertise that will complement our current Board and support the Smart & Final leadership team.  We look forward to their insights and contributions as we continue our strong store growth program.”

Mr. Hopkins is the former Chairman of the board of directors of Farmers Group, Inc. and Chief Executive Officer of its Americas operations, including Latin America and shared services operations.  Mr. Hopkins served Farmers Group in a wide range of executive leadership roles from 1978 until his retirement in 2011.  He is a graduate of Eastern Illinois University and the advanced executive education program of the University of Pennsylvania Wharton School of Business, and holds an honorary doctorate from Pepperdine University’s Graziadio School of Business and Management.

Mr. Tuchman is currently Vice Chairman of Bank of Montreal Capital Markets’ investment and corporate banking groups, a role he has held since 2010.  He has extensive experience in the consumer and retail sectors including previous positions as vice chairman at Bank of America/Merrill Lynch, chairman of global banking Americas at Dresdner Kleinwort, and co-head of global M&A and head of consumer and retail sectors at Lehman Brothers.  Mr. Tuchman is a graduate of State University of New York at Buffalo, and holds MBA and J.D. degrees from the University of Pennsylvania.  Mr. Tuchman also serves on the board of Gordmans Stores, Inc., a department store chain.

Concurrent with their elections to the Board, Mr. Hopkins was appointed as a member of the Audit Committee and the Compensation Committee of the Board, and Mr. Tuchman was appointed as a member of the Audit Committee and the Nominating and Corporate Governance Committee of the Board.  Effective upon these appointments, the previously announced resignation of Richard A. Anicetti from the Board and each of its committees became effective, and Dennis T. Gies resigned as a member of the Audit Committee.  Mr. Gies continues to serve on the Board and as a member of the Compensation Committee.

About Smart & Final
Smart & Final Stores, Inc. (NYSE: SFS), is a value and quality-oriented food and everyday staples retailer that serves household and business customers. The Company is headquartered in Commerce (located in Los Angeles), CA, where it was founded over 140 years ago.  As of June 14, 2015, the Company operated 263 grocery and foodservice stores under the “Smart & Final”, “Smart & Final Extra!” and “Cash & Carry Smart Foodservice” banners in California, Oregon, Washington, Arizona, Nevada, and Idaho, with an additional 15 stores in northern Mexico operated through a joint venture.

Forward-Looking Statements

Certain statements contained in this release that are not historical information contain forward-looking statements. The forward-looking statements involve risks and uncertainties and actual results may differ materially from those projected or implied. Further, certain forward-looking statements are based on assumptions of future events which may not prove to be accurate. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “may,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or, in each case, their negative, or other variations or comparable terminology. The Company derives many of its forward-looking statements from its operating budgets and forecasts, which are based upon many detailed assumptions. While the Company believes that its assumptions are reasonable, it is difficult to predict the impact of known factors and, of course, it is impossible to anticipate all factors that could affect actual results. These factors are discussed in the “Risk Factors,” “Special Note Concerning Forward-Looking Statements,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and “Business” sections and elsewhere in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission.

You should keep in mind that any forward-looking statement made by the Company herein, or elsewhere, speaks only as of the date on which made. New risks and uncertainties come up from time to time, and it is impossible for the Company to predict these events or how they may affect it. The Company has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

SOURCE Smart & Final Stores, Inc.