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SUPERVALU Inc. (SVU)

- NYSE
  • Jul. 13, 2012, 7:22 AM
    The recent struggles of grocery stores is directly attributable to competitive pressures that didn't exist in the recent past. While big box retailers such as Wal-Mart and Target have successfully grabbed market share, chains have also felt pressure on both the high-end from Whole Foods Market and on the low-end from discount chains and warehouse clubs. Feeling the pain: SVU, SWY, KR.
    | 5 Comments
  • Jul. 12, 2012, 9:58 AM
    It's not a 2-for-1 split, Supervalu (SVU) actually trades 47% lower after bombing with its earnings report. Sell-side analysts are taking a beating in the Twittersphere after the retailer's free cash flow yield and M&A potential stoked positive comments over the last few months, while (as expected) collateral damage in the sector is playing out. SWY -9.0%, KR -3.3%, WFM -1.2%, DEG -2.7%, HTSI -1.6%.
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  • Jul. 12, 2012, 9:10 AM
    Premarket gainers: GNOM +10%. VHC +7%.
    Losers: SVU -36%. INFY -10%. IMGN -6%. NMFC -5%. PGR -5%.
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  • Jul. 12, 2012, 8:30 AM
    Grocery store stocks look set to feel the sting from Supervalu's (SVU) earnings report disaster that has sent its shares into a 31% nosedive premarket. On watch: Safeway (SWY) -3.8%, Kroger (KR) -2.2%, Winn-Dixie (WINN) inactive.
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  • Jul. 11, 2012, 4:49 PM
    More from Supervalu (SVU): After the big earnings miss, the company suspends the dividend and announces a strategic review of "alternatives for our business." "We will be pursuing deeper and more structural cost savings. we are adopting more flexible financing facilities," says CEO Craig Herkert. Shares -21% AH. (PR)
    | 8 Comments
  • Jul. 11, 2012, 4:45 PM
    SuperValu (SVU): Q1 EPS of $0.19 misses by $0.19. Revenue of $10.6B (-4.5% Y/Y) misses by $200M. Shares -19.8% AH. (PR)
    | 1 Comment
  • Jul. 6, 2012, 3:29 PM
    Pfizer (PFE -0.8%) faces a lawsuit from a group of grumpy drugstores and grocery chains that allege the company conspired with India's Ranbaxy Laboratories to purposefully delay sales of generic versions of Lipitor. Seeking a payday: KR, WAG, SVU, SWY, and privately-held HEB Grocery.
    | 1 Comment
  • Jun. 26, 2012, 7:43 AM
    Barclays analyst Meredith Adler still sees Supervalu (SVU) as the most attractive buyout target in the sector despite its recent runup in shares. Her analysis suggests that a buyer could snap up Supervalu at over $6 a share and still earn a 40% return even in the face of sluggish same-store sales at the grocery store chain.
    | 1 Comment
  • Jun. 22, 2012, 10:33 AM
    Supervalu (SVU +5.5%) stands as the biggest gainer of the S&P MidCap 400 Index with talk about a leveraged buyout still percolating. An enticing feature for SVU investors waiting for a LBO is the lush dividend yield of 7.3%, which stands a chance of staying elevated with the company flush with cash.
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  • Jun. 20, 2012, 8:54 AM
    Even brides-to-be are pinching pennies in this economy, according to a report from MarketWatch. Shopping trends reveal that grocery stores such as Supervalu (SVU), Kroger (KR), and Safeway (SWY) are shoring up their lineup of wedding cakes, with sales up close to 5% and the number of bakeries dwindling. Also of note for those looking for a more grounded economic indicator, spending on weddings still sits below pre-recession levels.
    | 1 Comment
  • Jun. 14, 2012, 12:31 PM
    Shares of Supervalu (SVU +7.1%) shoot up on heavy volume as M&A chatter continues to swirl about. The grocery store operator is catching up to rivals with its private-label products and boasts a free cash flow yield of 45% - more than 10X times the average mark for U.S. food retailers.
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  • Jun. 13, 2012, 9:48 AM
    Supervalu (SVU +1.7%) could attract a buyout after its share price fell to a 30-year low this week, according to Barclays. On the plus side, the company is expected to turn a profit for the first time in three years and boasts the industry’s highest free cash flow yield, but the downer is that its debt is 7X its market cap.
    | 1 Comment
  • Jun. 6, 2012, 2:47 PM
    Supervalu (SVU -0.5%) announces plans to reduce the workforce at subsidiary Albertsons by 2.2K-2.5K across stores in California and Nevada.
    | 2 Comments
  • May. 21, 2012, 10:04 AM
    Supervalu (SVU +5.7%) gets a lift from an upgrade by Longbow Research to Buy from Neutral. Analysts with the firm also boost their price target on shares to $8 - repping 64% upside potential.
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  • May. 2, 2012, 6:35 PM
    15 stocks traders are "shorting like crazy," according to BI: TEA, HGG, BPI, BKS, GME, INVN, MCP, KBH, SVU, ESI, OSG, RSH, CRR, USNA, ONE.
    | 1 Comment
  • Apr. 30, 2012, 12:25 PM
    Goldman analyst Stephen Grambling kicks Supervalu (SVU -3.75% to $5.91) while it's down, starting coverage of the struggling supermarket chain with a sell rating and giving it a 12-month target of $5. Grambling expects gross margin and free cash flow to remain under pressure, and that the company will struggle to grow volumes.
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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