SUPERVALU (SVU) Reports In-Line Q2 EPS; Retail Comps Fell 5.9%

October 19, 2016 6:31 AM EDT
Get Alerts SVU Hot Sheet
Trade SVU Now!
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

SUPERVALU (NYSE: SVU) reported Q2 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $3.87 billion versus the consensus estimate of $3.95 billion.

Total net sales within the Wholesale segment decreased 5.5 percent. Retail identical store sales were negative 5.9 percent. Save-A-Lot network identical store sales were negative 5.2 percent. Identical store sales for corporate stores within the Save-A-Lot network were negative 5.0 percent. Fees earned under transition services agreements (“TSAs”) in the second quarter were $41 million compared to $48 million last year.

For earnings history and earnings-related data on SUPERVALU (SVU) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Retail Sales

Related Entities


Add Your Comment