The Great Atlantic & Pacific Tea Company Inc. (NYSE: GAP) widened first quarter losses to $4.83 per share from $3.64 per share in the year ago period as revenue dropped and the supermarket chain announced the replacement of chief executive Ron Marshall with Sam Martin. The stock price plunged $1.17 to $2.76.
Great Atlantic & Pacific Tea Widens Losses
July 23, 2010 at 12:25 PM EDT
