SUPERVALU Reports First Quarter Fiscal 2016 Results

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Telsey Upgrades SUPERVALU (SVU) to Outperform

July 29, 2015 6:51 AM EDT

Telsey upgraded SUPERVALU (NYSE: SVU) from Market Perform to Outperform with a price target of $12.00.

For an analyst ratings summary and ratings history on SUPERVALU click here. For more ratings news on SUPERVALU click here.

Shares of SUPERVALU closed at $8.14 yesterday.

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Morgan Stanley Upgrades SUPERVALU (SVU) to Equalweight

July 29, 2015 6:50 AM EDT

Morgan Stanley upgraded SUPERVALU (NYSE: SVU) from Underweight to Equalweight with a price target of $9 (unchanged).

For an analyst ratings summary and ratings history on SUPERVALU click here. For more ratings news on SUPERVALU click here.

Shares of SUPERVALU closed at $8.14 yesterday.

... More

SUPERVALU (SVU) Will Explore Separation of Save-A-Lot Unit

July 28, 2015 8:02 AM EDT

SUPERVALU (NYSE: SVU) announced that it is exploring a separation of its Save-A-Lot business, and that as part of that process it has begun preparations to allow for a possible spin-off of Save-A-Lot into a stand-alone, publicly traded company.

Save-A-Lot is a leading national hard discount retailer with over 1,300 total stores, comprised of approximately 430 corporate stores and approximately 900 stores operated by licensee owners, and we believe... More

SUPERVALU (SVU) Tops Q1 EPS by 2c

July 28, 2015 8:01 AM EDT

SUPERVALU (NYSE: SVU) reported Q1 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $5.41 billion versus the consensus estimate of $5.42 billion.

Save-A-Lot network identical store sales were positive 0.6 percent. Identical store sales for corporate stores within the Save-A-Lot... More