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SUPERVALU Inc. (SVU)

- NYSE
  • Mon, Aug. 10, 1:55 PM
    • A spinoff from Supervalu (NYSE:SVU) could lead to a new round of growth for Save-A-Lot, according to Supermarket News.
    • The discount chain is seen making a westward push if the IPO goes off.
    • Shares of Supervalu are up 14% over the last month.
    | 1 Comment
  • Tue, Jul. 28, 12:40 PM
    | 5 Comments
  • Tue, Jul. 28, 12:39 PM
    • Supervalu (NYSE:SVU) pops after the company disclosed it's considering a spinoff of the Save-A-Lot chain.
    • Shares of the grocery store operator are up 18.9% to $8.75. Supervalu hasn't traded over $10 since late April.
    • Guggenheim Securities is a tad cautious on the development, warning Save-A-Lot faces competitive challenges as a stand-alone.
    • Tesley Advisory Group notes a spinoff leaves Supervalu without its crown jewel.
    • Previously: Supervalu eyes spinoff of Save-A-Lot (Jul. 28 2015)
    | Comment!
  • Tue, Jul. 28, 9:37 AM
    | 1 Comment
  • Tue, Jul. 28, 8:23 AM
    • Supervalu (NYSE:SVU) reports Save-A-Lot net sales rose 3.8% to $1.41B in FQ1.
    • Identical store sales for corporate stores within the the Save-A-Lot network increased 2.8%.
    • Retail Food sales grew 3% to $1.47B whereas identical store sales declined 0.3%.
    • Independent Business sales increased 1.7% to $2.46B
    • Gross profit rate improved 60 bps to 15%.
    • SG&A expense rate +20 bps to 12.0%.
    • Operating margin rate +30 bps to 2.9%.
    | Comment!
  • Tue, Jul. 28, 8:02 AM
    • SUPERVALU (NYSE:SVU): FQ1 EPS of $0.23 beats by $0.03.
    • Revenue of $5.41B (+2.9% Y/Y) beats by $20M.
    • Press Release
    | Comment!
  • Wed, Jun. 24, 8:46 AM
    • Grocery store stocks could see some volatility after Ahold agrees to buy Delhaize.
    • Retail analysts think the sector could see more M&A with the presence of larger retail chains such as Target and Wal-Mart placing some pressure on companies to scale up.
    • On watch: Kroger (NYSE:KR), Supervalu (NYSE:SVU), Roundy's (NYSE:RNDY), Ingles Markets (NASDAQ:IMKTA), Village Super Market (NASDAQ:VLGEA), Weis Markets (NYSE:WMK), Fairway Group Holdings (NASDAQ:FWM).
    • Previously: Ahold, Delhaize agree to merger
    | Comment!
  • Thu, May 14, 9:47 PM
    • Consolidation in the grocery industry could pick up even more, observes Supermarket News.
    • A large merger between Albertsons and Safeway (NYSE:SWY) has been followed by talks between Delhaize (NYSE:DEG) and Ahold (OTCQX:AHONY).
    • The increased push by Wal-Mart and Target in the sector has added pressure to leverage store growth through M&A.
    • "There is mounting pressure in the supermarket industry to consolidate operations to drive better purchasing power and leverage distribution and technology platforms," notes Wolfe Research.
    • Kroger (NYSE:KR) is seen as a likely candidate to look for a chain to acquire.
    • Previously: Ahold, Delhaize confirm merger talks (May 12)
    • Grocery stocks: RNDY, SVU, VLGEA, WFM, CASY, IMKTA, OTCPK:PUSH, TFM, SFM, WMK.
    | 8 Comments
  • Mon, May 11, 10:52 AM
    • Delhaize (NYSE:DEG) is up 13.3% after reports on a merger with Ahold (OTCQX:AHONY +3.8%) drove up shares listed in Europe earlier today.
    • The talk of industry consolidation has some other U.S. grocery stocks ahead of market averages as well.
    • Grocery gainers: Kroger (NYSE:KR) +1.0%, Whole Foods Market (NASDAQ:WFM) +1.2%, Roundy's (NYSE:RNDY) +1.0%, Supervalu (NYSE:SVU) +1.0%, Fairway Group (NASDAQ:FWM) +0.9%, Ingles Markets (NASDAQ:IMKTA) +9.8% with earnings also a factor.
    • Previously: Ahold, Delhaize surge on merger reports
    | 3 Comments
  • Wed, Apr. 29, 9:17 AM
    | 5 Comments
  • Tue, Apr. 28, 9:02 AM
    • Supervalu (NYSE:SVU) reports identical-store sales for the Save-A-Lot network rose 3.6% in Q1.
    • The Retail Food segment saw identical-stores sales increase 1.1%.
    • Gross profit rate +20 bps to 15.1%.
    • SG&A expense rate +20 bps to 12.0%.
    • Operating earnings rate +10 bps to 3.2%.
    • Previously: SUPERVALU beats by $0.03, misses on revenue
    • SVU -1.3% premarket.
    | Comment!
  • Tue, Apr. 28, 8:02 AM
    • SUPERVALU (NYSE:SVU): FQ4 EPS of $0.24 beats by $0.03.
    • Revenue of $4.36B (+10.4% Y/Y) misses by $40M.
    • Shares -1.78% PM.
    • Press Release
    | Comment!
  • Thu, Mar. 5, 12:44 PM
    • Strong reports from Kroger and Delhaize are helping to provide a lift for the grocery store sector.
    • Earlier this week, privately-owned Publix reported comparable-store sales rose 6.4% in Q4.
    • Comps are on the rise and margin gains are being squeezed out by operators off of the sales leverage.
    • Solid gains for the day on strong volume are being seen up and down the group: Kroger (NYSE:KR+4.9%, Whole Foods Market (NASDAQ:WFM+1.6%, Supervalu (NYSE:SVU+1.5%, Delhaize (NYSE:DEG+3.7%, The Fresh Market (NASDAQ:TFM+1.2%, Ingles Markets (NASDAQ:IMKTA+2.3%, Fairway Group (NASDAQ:FWM+2.6%, Roundy's (NYSE:RNDY+14.9%.
    | Comment!
  • Wed, Jan. 21, 7:37 AM
    • Grocery store chains stand to lose from the decision by the Supreme Court to reject a case on the swipe fee cap, according to analysts.
    • Almost 70% of purchases in grocery stores are paid for by consumers with credit or debit cards.
    • Operating margins in the industry tend to be very low.
    • In some cases, the interchange fee which goes to the processing bank is higher than the profit margin on the grocery item.
    • Trade groups repping the grocery industry wanted a cap of $0.07-$0.12, instead of the $0.21 approved by the Fed.
    • Previously: Supreme Court passes on looking at swipe fees cap (Jan. 20 2015)
    • Grocery store stocks: IMKTA, NGVC, TFM, SFM, SWY, DEG, SFS, WFM, SVU, KR, CASY, WMK, VLGEA.
    | Comment!
  • Thu, Jan. 15, 5:39 PM
    • Top gainers, as of 5:15 p.m.: BLUE +11.4%. EGY +9.2%. CLNE +7.7%. CATM +5.8%. RFP +5.4%.
    • Top losers, as of 5:15 p.m.: EDU -7.0%. FNV -6.0%. AUQ -5.6%. BJRI -5.6%. SVU -3.8%.
    | 2 Comments
  • Thu, Jan. 15, 2:25 PM
    • Supervalu (SVU +4.2%) trades higher after Goldman Sachs takes off its Sell signal.
    • Shares of the grocery store operator are upgraded to Neutral.
    • Last week, Supervalu reported strong comps for FQ3.
    | Comment!
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Company Description
SUPERVALU Inc are wholesale distributors to independent retail customers across the United States through its Independent Business segment and the Retail Food segment. Substantially all of the Company's operations are domestic.
Sector: Services
Industry: Grocery Stores
Country: United States