Price Co. reported that profit for the...

Price Co. reported that profit for the year ended Aug. 28 jumped 29% from a year ago to $94.8 million. Sales increased 25.2% to $4.05 billion. For the fourth quarter, the San Diego-based wholesale outlet firm reported net income of $24.1 million, up 26%, on sales of $985.6 million, a gain of 25.3%. The company said profitability grew with sales from new and existing stores.