SUPERVALU Reports Third Quarter Fiscal 2017 Results

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SUPERVALU (SVU) Misses Q3 EPS by 8c

January 11, 2017 6:31 AM EST

SUPERVALU (NYSE: SVU) reported Q3 EPS of $0.05, $0.08 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.79 billion.

The successful sale of Save-A-Lot early in the fourth quarter provides SUPERVALU with additional flexibility to operate and grow our business, said President and CEO Mark Gross. Additionally, our Wholesale team has done a... More