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SUPERVALU Inc. (SVU)

- NYSE
  • 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!
  • Fri, Jan. 9, 8:35 AM
    | 110 Comments
  • Wed, Jan. 7, 8:37 AM
    • Supervalu (NYSE:SVU) reports identical stores sales were up 6.9% in FQ3 for the Save-A-Lot network and 2.3% for the company's Retail Food segment.
    • Gross profit rate -10 bps to 14.1%.
    • SG&A expense rate +130 bps to 12.8%.
    • The mix of revenue from the Independent Business segment is now up to 46.6% following the sale last year of the Albertson's, Acme, Jewel-Osco, Shaws, and Star Market chains.
    • SVU +3.9% premarket.
    | Comment!
  • Wed, Jan. 7, 8:03 AM
    • SUPERVALU (NYSE:SVU): FQ3 EPS of $0.18 beats by $0.04.
    • Revenue of $4.2B (+4.7% Y/Y) beats by $110M.
    • Shares +3.26% PM.
    • Press Release
    | Comment!
  • Tue, Jan. 6, 5:30 PM
  • Dec. 6, 2014, 10:24 AM
    • Grocery delivery upstart Instacart is raising $100M from new and old investors at a pricing which gives the company a $2B valuation and plenty of cash to fund expansion.
    • Sequoia Capital and Andreessen Horowitz have added to their original investments, reports Re/code.
    • Instacart, which was started by a former Amazon supply chain engineer, delivers groceries from participating stores to consumers in larger markets within an hour.
    • Major retail chains such as Whole Foods Markets (NASDAQ:WFM), Kroger (NYSE:KR), and Costco (NASDAQ:COST) are participating in Instacart's expansion - perhaps playing a little defense against Amazon Fresh (NASDAQ:AMZN) which also has growth plans.
    • What to watch: Instacart's simple business model of a personal shopper army and vibrant website contrasts sharply with the distribution/branding might of Amazon Fresh (AMZN), but could end up in the same razor-thin margin predicament ($5.99 for one-hour delivery?). Meanwhile, old-school Kroger (KR) has recorded 44 straight quarters of positive comps and just raised its full-year profit guidance off of solid store execution.
    • Related grocery stocks: SVU, SWY, RNDY, SFM, OTCQB:PUSH, TFM, WMT.
    | 35 Comments
  • Nov. 10, 2014, 1:06 PM
    • Moody's upgrades the corporate family rating on Supervalu (SVU +0.5%) to B1 from B2 on a stable outlook for the company.
    • "The initiatives undertaken by new management in the last year continue to be successful in improving the company's operating performance resulting in a stronger credit profile", says Moody's.
    • The ratings action covers $2.5B worth of Supervalu's debt.
    | Comment!
  • Oct. 30, 2014, 9:44 AM
    • Keurig Green Mountain (GMCR -0.3%) says it will partner with Supervalu (SVU +0.1%) to sell Java Delight K-cup packs at stores.
    • The new products are expected to hit shelves this month.
    | Comment!
  • Oct. 28, 2014, 11:32 AM
    • Redbook notes the timing of Halloween on a Friday is giving a boost to merchandise sales related to the holiday as more consumers prep for parties and celebrations.
    • Both Redbook and ICSC's weekly read on retail store sales showed year-over-year improvement with Halloween sales a factor.
    • Stores have also been extending their hours to draw in more shoppers.
    • Looking for a Halloween boost: DLTR, DG, FDO, KR, SVU, SWY, WMT, TGT, HSY, KRFT, CVS, RAD, WAG, MDLZ.
    | 5 Comments
  • Oct. 16, 2014, 9:28 AM
    • Supervalu (NYSE:SVU) reports identical store sales for its Save-A-Lot network rose 6.5% in FQ2.
    • Gross profit rate -40 bps to 14.2% during the period.
    • The company says it burned through $1M in costs from a data breach which occurred during the summer.
    • SVU -2.4% premarket
    | Comment!
  • Oct. 16, 2014, 8:03 AM
    • SUPERVALU (NYSE:SVU): FQ2 EPS of $0.11 in-line.
    • Revenue of $4.02B (+1.8% Y/Y) beats by $70M.
    • Press Release
    | Comment!
  • Oct. 15, 2014, 5:30 PM
  • Oct. 6, 2014, 7:57 AM
    • Online grocery store sales will grow to $80B-$123B per year by 2023, according to a presentation by Brick Meets Click.
    • The explosive growth is expected to be led by the popularity of the service in major cities such as New York and San Francisco.
    • Related stocks: KR, SWY, SVU, WFM, AMZN, WMT.
    | 25 Comments
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Company Description
SUPERVALU Inc operates as a wholesale distributor to independent retail customers in the United States. Its food retail stores are operated under various banners, including Acme Markets, Jewel-Osco, Shaw's Supermarkets, Star Markets and the Albertsons.
Sector: Services
Industry: Grocery Stores
Country: United States