San Diego-based Price Co. said that net...

San Diego-based Price Co. said that net income jumped 54% on a 63% sales increase in the second fiscal quarter ended March 17. Net income for the operator of cash-and-carry warehouse stores totaled $9.3 million, compared to $6 million in the same period a year earlier. Sales rose to $368.7 million from $225.6 million a year ago. For the six-month period, Price ‘s net income rose to $23 million from $14.3 million in the year-ago period. Sales increased to $911.2 million from $550.5 million.