SUPERVALU INC. (SVU) Reports In-Line Q2 EPS

SUPERVALU INC. (NYSE: SVU) reported Q2 EPS of $0.11, in-line with the analyst estimate of $0.11. Revenue for the quarter came in at $4.02 billion versus the consensus estimate of $3.95 billion. Save-A-Lot network ID sales positive 6.5%; Save-A-Lot corporate store ID sales positive 8.2%; Retail Food ID sales positive 0.4%.

"Midway through fiscal 2015, I am encouraged with the progress we have made across the business,” said President and CEO Sam Duncan. “The investments we have made at Save-A-Lot continue to drive sales and our Retail Food stores recorded their third consecutive quarter of positive identical store sales.” Duncan continued, “The addition of the Rainbow stores this past quarter is a positive for our Independent Business and we are encouraged by the early results.”

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

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