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More on Supervalu (SVU): Retail Food sales fall 7.3% Y/Y to $5.2B, while Save-A-Lot sales come...
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Thursday, October 18, 2012, 8:09 AM ETMore on Supervalu (SVU): Retail Food sales fall 7.3% Y/Y to $5.2B, while Save-A-Lot sales come in flat. Gross profit as a percentage of sales falls 80 bps to 21.4% as store closings rack up bills. Expects debt reduction in FY13 of $400M-$450M. The company reveals it received a number of indications of interest. Shares +9.1% premarket. (PR)
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