Nash Finch Company is a Fortune 500 company and one of the leading food distribution companies in the United States. Nash Finch's core business, food distribution, serves independent retailers and military commissaries in 31 states, the District of Columbia, Europe, Cuba, Puerto Rico, Iceland, the Azores and Honduras. The Company also owns and operates a base of retail stores, primarily supermarkets under the Econofoods(R), Family Thrift Center(R) and Sun Mart(R) trade names.

Nash Finch Reports First Quarter 2007 Results And Announces Customer Transition 
MINNEAPOLIS--(BUSINESS WIRE)--April 25, 2007--Nash Finch Company (NASDAQ:NAFC), one of the leading food distribution companies in the United States, today announced financial results for the first quarter ended March 24, 2007 and the transition of a customer to a new supplier.
Financial Results
Total company sales for the first quarter 2007 were $1.032 billion, a decline of 0.2%, compared to $1.035 billion in the first quarter 2006. The slight sales decline is attributable to the 2006 closure of underperforming retail stores and customer attrition in the food distribution segment, offset by stronger sales in the military segment. This marks improvement relative to the fourth quarter 2006 sales decline which was a reduction of 2.1% compared to the previous years fourth quarter.
Net earnings for the first quarter of 2007 were $5.3 million, or $0.39 per diluted share, as compared to net earnings of $3.9 million, or $0.29 per diluted share, in the prior year quarter.
Consolidated EBITDA(1) for the first quarter 2007 was $25.2 million, or 2.4% of sales, compared to $24.0 million, or 2.3% of sales, for the first quarter 2006. Consolidated EBITDA is a non-GAAP financial measure that is reconciled to the most directly comparable GAAP financial results in the attached financial statements.
"I am pleased with the improvement in our EBITDA margins during the quarter," said Alec Covington, President and CEO of Nash Finch. "This is a result of hard work on the part of our employees who are dedicated to achieving the Company's goals."

Nash Finch Announces First Quarter Conference Call 
MINNEAPOLIS--(BUSINESS WIRE)--April 16, 2007--Nash Finch Company (Nasdaq:NAFC), a leading national food distributor, announced today that it will host a teleconference on Thursday, April 26, 2007, at 10 a.m. CT (11 a.m. ET) during which Alec Covington, Nash Finch President and CEO, will discuss the Company's first quarter financial results. Investors can access an Internet broadcast of this teleconference at the Nash Finch website, www.nashfinch.com. Internet broadcast participants will be able to listen to the call live, but will be unable to ask questions.
The replay of the Internet broadcast will be available on the Nash Finch website starting at 1 p.m. CT (2 p.m. ET) on April 26, 2007. An audio replay of the teleconference will be available via telephone at 1-888-203-1112 with the passcode of 9234931. The audio replay will be available starting at 1 p.m. CT (2 p.m. ET) on April 26 through May 3, 2007. A copy of the Company's press release announcing its earnings and providing other financial and statistical information to be presented at the teleconference will be available at the "Investor Relations" portion of the Company's website, under the heading "Press Releases."

Nash Finch Reports Fourth Quarter and Fiscal 2006 Results 
MINNEAPOLIS--(BUSINESS WIRE)--March 1, 2007--Nash Finch Company (NASDAQ:NAFC), one of the leading food distribution companies in the United States, today announced financial results for the fourth quarter and year ended December 30, 2006.
Financial Results
Sales for fiscal 2006 were $4.632 billion compared to $4.556 billion in fiscal 2005. The increase in sales primarily reflects the Company's acquisition of food distribution divisions located in Lima, Ohio and Westville, Indiana effective March 31, 2005 and stronger sales in the military segment, partially offset by a decline in the retail segment sales associated with the closing of underperforming stores.
Sales for the fourth quarter of 2006 were $1.099 billion as compared to $1.123 billion in the prior year quarter. The sales decline is attributable to the closing of underperforming retail stores, slower growth in new accounts and customer attrition in the food distribution segment; partially offset by stronger sales in the military segment.
For fiscal 2006, the Company's net loss was $23.0 million, or $1.72 per diluted share, as compared to net earnings of $41.3 million, or $3.13 per diluted share, for fiscal 2005. Fiscal 2006 earnings were negatively impacted by pre-tax charges totaling $63.7 million, or $3.62 per diluted share. This compares to fiscal 2005 pre-tax charges of $3.9 million, or $0.18 per diluted share. The details of these charges for the full year and fourth quarter together with a comparison to similar charges in the prior year are depicted in the following table.
For the fourth quarter of 2006, the Company's net loss was $26.4 million, or $1.96 per diluted share, as compared to net earnings of $13.5 million, or $1.01 per diluted share, in the prior year quarter. Earnings for the fourth quarter of 2006 were negatively impacted by pre-tax charges totaling $38.9 million, or $2.49 per diluted share. Earnings for the fourth quarter of 2005 were negatively impacted by pre-tax charges totaling $3.8 million, or $0.17 per diluted share.
Consolidated EBITDA(1) for fiscal 2006 was $102.7 million, or 2.2% of sales, compared to $132.7 million, or 2.9% of sales, for fiscal 2005. In the fourth quarter 2006, Consolidated EBITDA was $23.9 million, or 2.2% of sales, compared to $32.7 million, or 2.9% of sales, in the prior year quarter. Consolidated EBITDA is a non-GAAP financial measure that is reconciled to the most directly comparable GAAP financial results in the attached financial statements.
 

Nash Finch Reports Third Quarter 2006 Results 
MINNEAPOLIS--(BUSINESS WIRE)--Nov. 14, 2006--Nash Finch Company (NASDAQ:NAFC), a leading national food distributor, today announced a net loss for the third quarter ended October 7, 2006 of $4.6 million, or $0.34 per diluted share, as compared to net earnings of $11.0 million, or $0.83 per diluted share, for the third quarter of 2005. Total sales for the third quarter of 2006 were $1.427 billion as compared to $1.465 billion in the prior-year quarter. The sales decline is attributable to the closing of underperforming retail stores and higher levels of customer attrition in the food distribution segment, partially offset by stronger sales in the military segment.
For the first forty weeks of 2006, the Company's net earnings were $3.4 million or $0.25 per diluted share, as compared to net earnings of $27.8 million, or $2.12 per diluted share in the first 40 weeks of 2005. Total sales for the first forty weeks of 2006 were $3.532 billion compared to $3.432 billion in the prior-year period. The increase in sales primarily reflects the Company's acquisition of wholesale food distribution divisions located in Lima, Ohio and Westville, Indiana effective March 31, 2005 and stronger sales in our military segment, partially offset by a decline in the retail segment sales due to the closing of underperforming stores.
 

Nash Finch Reports First Quarter 2006 Results 
MINNEAPOLIS--(BUSINESS WIRE)--April 27, 2006--Nash-Finch Company (NASDAQ:NAFC), a leading national food distributor, today announced that net earnings for the first quarter of 2006 were $3.9 million, or $0.29 per diluted share, as compared to $7.0 million, or $0.54 per diluted share, for the first quarter last year. First quarter 2006 included the favorable impact of $0.2 million, or $.01 per share, for a cumulative effect of an accounting change related to the adoption of SFAS No. 123(R), "Share-Based Payment - Revised 2004". Total sales for first quarter of 2006 were $1.035 billion as compared to $882.2 million in the first quarter last year, primarily reflecting the Company's acquisition from Roundy's Supermarkets, Inc. of wholesale food distribution centers located in Lima, Ohio and Westville, Indiana effective March 31, 2005.
Food Distribution Results
Food distribution segment sales for the first quarter of 2006 increased 38% to $620.5 million, compared to $450.4 million in the first quarter 2005, primarily as a result of the acquisition of the distribution centers. Apart from the impact of this acquisition, food distribution sales decreased slightly in the quarterly comparison, primarily as a result of the timing of the Easter holiday and holiday-related sales which occurred in the second quarter of fiscal 2006 as compared to the first quarter of fiscal 2005.
Food distribution segment profits increased 12.1% to $17.8 million in the first quarter of 2006 from $15.9 million in the same quarter last year. Segment profits did, however, decrease as a percentage of sales in the quarterly comparison, from 3.5% to 2.9%. This decrease in profit margins was attributable to an increasing portion of the distribution business coming from larger and non-traditional customers wherein margins are lower. In addition, we strive to provide our customers with the best cost of goods possible so as to improve their competitive position in their market place. In addition, costs associated with integrating the acquired distribution centers continued to negatively effect margins. The integration process continues to be managed carefully and deliberately to ensure the Company achieves the targeted synergies without negatively effecting our customer's operations or incurring undue expense.
Military Distribution Results
Military distribution segment sales for the first quarter 2006 were $262.8 million, essentially unchanged from the $263.6 million reported in the first quarter 2005. Increased sales associated with domestic commissaries and exchanges were offset by decreased sales to overseas commissaries. To a large degree, this revenue performance reflects the redeployment of troops from bases in Europe to bases within the United States. Actions by the Defense Commissary Agency to reduce inventory levels and some changes in product mix also affected overseas sales. Segment profits declined modestly in the quarterly comparison, from $8.9 million to $8.7 million, reflecting the shift in revenue mix as handling and delivery costs are greater for products provided to domestic commissaries than for products provided to DeCA for overseas shipment.
Retail Results
Corporate retail sales were $151.4 million in the first quarter 2006 compared to $168.3 million in the comparable 2005 quarter. The decrease in retail sales is due to the closure or sale of stores, to a same store sales decrease of 4.1% in the quarterly comparison, and to the timing of the Easter holiday as discussed previously. Retail segment profits for the first quarter of 2006 were $4.3 million, or 2.8% of sales, compared to $5.7 million, or 3.4% of sales, in the first quarter last year. The decrease in retail profitability was primarily the result of the very competitive retail environment, the timing of the Easter holiday and the closure or sale of stores.

The Company's store count at the end of the first quarter 2006 was 71 compared to 78 at the end of fiscal 2005. The decrease in stores during the current quarter reflected the sale of two stores to an existing food distribution customer and the closing of five underperforming units.