Exhibit 99.1

Smart & Final Stores, Inc. Reports Fourth Quarter and Full Year 2014 Financial Results

COMMERCE, Calif. (March 18, 2015) –Smart & Final Stores, Inc. (the “Company”) (NYSE:SFS) today reported financial results for the fourth quarter and fiscal year ended December 28, 2014.

Fourth Quarter Highlights:

·                 Net sales increased 13.0% to $839.3 million

·                 Comparable store sales growth of 7.8%

·                 Net income of $9.3 million, or $0.12 per diluted share

·                 Adjusted net income increased 50.3% to $12.3 million, or $0.16 per diluted share

·                 Adjusted EBITDA increased 7.4% to $41.3 million

Full Year Highlights:

·                 Net sales increased 10.1% to $3,534.2 million

·                 Comparable store sales growth of 6.3%

·                 Net income of $33.1 million, or $0.52 per diluted share

·                 Adjusted net income increased 45.9% to $46.5 million, or $0.73 per diluted share

·                 Adjusted EBITDA increased 7.2% to $176.1 million

·                 254 stores at year-end, including 98 Smart & Final Extra! stores

“2014 was an exciting year for Smart & Final. We delivered record financial results, continued our accelerated store expansion program and successfully completed our initial public offering,” said Dave Hirz, President and Chief Executive Officer. “Performance across both the Smart & Final and Cash & Carry store banners was strong, driven by our ongoing merchandising and marketing efforts and consistent store level execution. Smart & Final Extra! continues to be the key to our new store growth, and, as planned, we completed twice as many new store openings and conversions to Extra! in 2014 as compared to the prior year.”

Mr. Hirz continued, “Looking ahead, in 2015 we plan to continue our accelerated pace of new store openings and believe that our strong performance in comparable store sales, competitive positioning, and real estate development pipeline provide the foundation for strong operating and financial performance.”

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.

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Fourth Quarter Fiscal 2014 Financial Results

Net sales were $839.3 million, a 13.0% increase as compared to $742.8 million in the same period of 2013. Net sales growth was driven by a 7.8% increase in comparable store sales and from the net sales contribution of new stores. In the 12 weeks ended December 28, 2014, the Company opened one new Smart & Final Extra! store and one new Cash & Carry store.  The growth in comparable store sales was comprised of a 4.9% increase in comparable transaction count and a 2.8% increase in comparable average transaction size.

Net sales for Smart & Final banner stores were $644.6 million, a 13.5% increase as compared to $568.1 million in the same period of 2013.  Comparable store sales growth for the Smart & Final banner was 7.0% in the fourth quarter.

Net sales for Cash & Carry banner stores were $194.7 million, an 11.5% increase as compared to $174.7 million in the same period of 2013.  Comparable store sales growth for the Cash & Carry banner  was 10.5% in the fourth quarter.

Gross margin from operations was $125.0 million, a 16.0% increase as compared to $107.8 million in the same period of 2013. Gross margin rate in the fourth quarter was 14.9% as compared to 14.5% in the same period of 2013.

Operating and administrative expenses were $104.0 million, a 13.4% increase as compared to $91.7 million in the same period of 2013. This increase was primarily related to higher sales volumes, increased store support costs, and initial public offering and public company costs.

Net income was $9.3 million, as compared to a net loss of $7.0 million in the same period of 2013. Net income per diluted share was $0.12 as compared to net loss per diluted share of $0.12 in the same period of 2013.  The net loss in the fourth quarter of 2013 included costs related to extinguishment of debt in conjunction with a refinancing transaction.

Adjusted net income was $12.3 million, an increase of 50.3% as compared to $8.2 million for the same period of 2013. Adjusted net income per diluted share was $0.16 as compared to $0.14 in the same period of 2013.

Adjusted EBITDA was $41.3 million, an increase of 7.4% as compared to $38.5 million in the same period of 2013.

Full Year Fiscal 2014 Financial Results

Net sales were $3,534.2 million, a 10.1% increase as compared to $3,210.3 million in fiscal 2013. Net sales growth was driven by a 6.3% increase in comparable store sales growth and the net sales contribution from 13 new Extra! stores and one new Cash & Carry store in fiscal 2014.  The growth in comparable store sales was comprised of a 4.1% increase in comparable transaction count and a 2.1% increase in comparable average transaction size.

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Net sales for Smart & Final banner stores were $2,668.9 million, or a 10.0% increase as compared to $2,425.4 million in fiscal 2013. Fiscal 2014 comparable store sales growth for the Smart & Final banner was 5.0%.

Net sales for Cash & Carry banner stores were $865.3 million, or a 10.2% increase as compared to $784.9 million in fiscal 2013.  Fiscal 2014 comparable store sales growth for the Cash & Carry banner was 10.0%.

Net income was $33.1 million, as compared to $8.2 million in fiscal 2013. Net income per diluted share was $0.52 as compared to $0.14 for fiscal 2013.

Adjusted net income was $46.5 million, an increase of 45.9% as compared to $31.9 million in fiscal 2013. Adjusted net income per diluted share was $0.73, compared to $0.54 in fiscal 2013.

Adjusted EBITDA was $176.1 million, or a 7.2% increase as compared to $164.3 million in fiscal 2013.

Growth and Development

During fiscal 2014, the Company opened 13 new Smart & Final Extra! stores, completed 16 conversions of legacy Smart & Final stores to the Smart & Final Extra! format, including two relocations, and opened one new Cash & Carry store. As of December 28, 2014, the Company operated a total of 98 Smart & Final Extra! and 103 legacy Smart & Final stores, and 53 Cash & Carry stores.

In the first quarter of fiscal 2015, the Company expects to open four new Smart & Final Extra! stores.

In fiscal 2015, the Company expects to open a total of 20 new Smart & Final Extra! stores, complete nine conversions of legacy stores to the Extra! format, including three store relocations, and open three Cash & Carry stores, including one store relocation. The Company expects the pace of new store openings to be relatively consistent throughout 2015.

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Leverage and Liquidity

During the full year fiscal 2014, the Company repaid approximately $120.9 million in borrowings under its Term Loan Facility.  At December 28, 2014, the Company’s debt, net of debt discount, was $588.1 million and cash and cash equivalents was $106.8 million.

The Company generated cash from operations of $125.3 million in the 52 weeks ended December 28, 2014. The Company invested $117.4 million in capital expenditures under the Company’s plan to accelerate openings of Extra! format and Cash & Carry stores, as well as convert its legacy stores to the Extra! format and ensure its existing store portfolio maintains its competitiveness.

Outlook

The following provides information on the Company’s guidance for the full year ending January 3, 2016:

Fourth Quarter and Full Year 2014 Conference Call

The Company will host a conference call today at 1:30 p.m. PT / 4:30 p.m. ET to discuss its fourth quarter and full year fiscal 2014 financial results. To participate in the call, please dial (877) 407-0784 (U.S.) or (201) 689-8560 (International) ten minutes prior to the start time. The conference call can also be accessed on the “Investors” section of the Company’s Web site at http://www.smartandfinal-investor.com/.

For those unable to participate during the live broadcast, a telephonic replay of the call will also be available beginning today at approximately 7:30 p.m. Eastern Time, by dialing (877) 870-5176 (U.S.) or (858) 384-5517 (International) and entering the replay pin number: 13602597.  The telephonic replay will be available until 11:59 p.m. Eastern Time, on Wednesday, April 1, 2015.

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About Smart & Final

Smart & Final Stores, Inc. (NYSE: SFS), is a value-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 December 28, 2014, the Company operated 254 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 14 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 prospectus that is contained in the Company’s registration statement on Form S-1 (File No. 333-196931) 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 Communications

O: 310.829.5400

investors@smartandfinal.com

MEDIA CONTACT:

press@smartandfinal.com

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Smart & Final Stores, Inc. and Subsidiaries

Consolidated Statements of Operations

(Dollars in Thousands, Except Share and Per Share Amounts)

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Smart & Final Stores, Inc. and Subsidiaries

Consolidated Balance Sheets

(Dollars in Thousands, Except Share Amounts)

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Smart & Final Stores, Inc. and Subsidiaries

Consolidated Statements of Cash Flows

(Dollars in Thousands)

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Smart & Final Stores, Inc. and Subsidiaries

Segment Reporting

(Dollars in Thousands)

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The following tables show reconciliations of adjusted net income, EBITDA and adjusted EBITDA to net income, and adjusted net income per share and adjusted net income per diluted share to net income per share, for the twelve-week and fifty two-week periods ended December 28, 2014 and December 29, 2013.

Smart & Final Stores, Inc. and Subsidiaries

Reconciliation of Net Income to Non-GAAP Adjusted Net Income

(Unaudited)

(Dollars in Thousands, Except Share and Per Share Amounts)

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Smart & Final Stores, Inc. and Subsidiaries

Reconciliation of EBITDA to Adjusted EBITDA

(Unaudited)

(Dollars in Thousands)

(a)  Represents costs (i) primarily associated with the Company’s initial public offering that were charged to expense for the fiscal year ended December 28, 2014 and (ii) associated with the Ares Acquisition for the fiscal year ended December 29, 2013.

(b)  Represents costs associated with store closure and exit costs.

(c)  Represents non-cash gain or loss associated with asset dispositions and impairment charges.

(d)  Represents expenses associated with the Company’s equity-based incentive award program.

(e)  Represents non-cash component of recognized rent expense.

(f)   Represents new store and relocation opening costs consisting primarily of rent utilities, distribution, store labor and advertising.

(g)  Represents the write-off of unamortized debt discount and deferred financing costs.

(h)  Represents (i) reversal of a reserve related to executive compensation for the fiscal year ended December 28, 2014, (ii) death benefit income from a Company-owned life insurance policy for the fiscal year ended December 28, 2014,  (iii) consulting expenses related to strategic growth initiatives for the fiscal year ended December 28, 2014, and (iv) costs primarily related to a legal settlement for the twelve-week period and fiscal year ended December 29, 2013, net.

Non-GAAP Financial Measures

To supplement the Company’s financial information presented in accordance with GAAP, the Company uses certain non-GAAP financial measures, namely adjusted net income, adjusted net income per share, adjusted net income per diluted share, EBITDA and Adjusted EBITDA to clarify and enhance understanding of its past performance. The Company defines adjusted net income as net income adjusted for the items set forth in the table above.  The Company defines adjusted net income per share as adjusted net income divided by the weighted average basic shares outstanding.  The Company defines adjusted net income per diluted share as adjusted net income divided by the weighted average diluted shares outstanding.  The Company defines EBITDA as net income before depreciation and amortization, interest expense and provision for income tax, and adjusted EBITDA as EBITDA adjusted for the items set forth in the table above.

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Use of these non-GAAP measures may differ from similar measures reported by other companies. Each of these non-GAAP measures has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of the Company’s results as reported under GAAP.

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