SUPERVALU (SVU) Misses Q2 EPS by 2c

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SUPERVALU (SVU) Has Multiple Pressures - Little Relief

October 23, 2015 9:55 AM EDT

RBC Capital analyst, William Kirk, published a research note highlighting the challenges SUPERVALU (NYSE: SVU) is facing both today and in the near future. Quarterly results and an evaluation of changes in business follow:

SUPERVALU reported adjusted 2Q16 EPS of $0.13 on $4.06bn of revenue, compared to consensus estimates of $0.14 and $4.13bn. Save-A-Lot's comp store sales of -1.6% and Retail Food's comp store sales of... More

SUPERVALU (SVU) Reports 1c EPS Beat; RBC Capital Cuts Price Target to $9

October 23, 2015 7:59 AM EDT

RBC Capital maintained a Sector Perform rating on SUPERVALU (NYSE: SVU), and cut the price target to $9.00 (from $10.00), following the company's 2Q15 earnings results. SUPERVALU reported adjusted 2Q16 EPS of $0.13 on $4.06bn of revenue, compared to consensus estimates of $0.14 and $4.13bn.

Analyst William... More