SUPERVALU (SVU) Tops Q4 EPS by 3c

SUPERVALU (NYSE: SVU) reported Q4 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $4.36 billion versus the consensus estimate of $4.4 billion.

Identical store sales in the Save-A-Lot network were positive 3.6 percent. Identical store sales for corporate stores within the Save-A-Lot network were positive 6.6 percent. Identical store sales in the Retail Food segment were positive 1.1 percent. Total sales within the Independent Business segment increased 7.4 percent, or decreased by 0.5 percent excluding the additional week. Fees earned under the Transition Services Agreements (“TSA”) in the fourth quarter were $49 million compared to $46 million last year.

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

You May Also Be Interested In

• Etsy upgraded to buy at BofA on durable growth, buyback potential
• Citi cuts Weibo stock rating to Neutral, lowers price target
• ACRES Commercial Realty says labor dispute is hindering hotel sale