SUPERVALU (SVU) Tops Q4 EPS by 4c

SUPERVALU (NYSE: SVU) reported Q4 EPS of $0.23, $0.04 better than the analyst estimate of $0.19. Revenue for the quarter came in at $3.95 billion versus the consensus estimate of $4 billion.

otal net sales within the Wholesale segment decreased 4.8 percent excluding the additional week in fiscal 2015. Save-A-Lot network identical store sales were negative 2.2 percent. Identical store sales for corporate stores within the Save-A-Lot network were negative 1.3 percent. Retail segment identical store sales were negative 3.9 percent. Fees earned under transition services agreements (“TSAs”) in the fourth quarter were $44 million compared to $45 million last year, when excluding $4 from the additional week last year.

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