Supervalu (SVU)

Supermarket company Supervalu, whose regional brands banners include Albertsons and Jewel-Osco, posted net income of $109 million, or 51 cents a share, for its fiscal third quarter. In the year-earlier period, it had a net loss of $2.94 billion on a massive non-cash charge. Sales in the latest period fell to $9.22 billion from $10.17 billion.
Earnings topped expectatations and it maintained its full-year forecast.

Jan 12 · 11:12:00 AM · Source: Company News Release
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter