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SUPERVALU Inc. (SVU)

- NYSE
  • Jul. 25, 2012, 4:54 PM
    More on Whole Foods Market (WFM): FQ3 beats on the bottom line and raises FY12 guidance as net profit jumped 32% Y/Y. Sales +14% to $2.7B, while comp store sales +8.2%. Overall same-store sales are running at a growth rate of 9.7%. The uptick in sales is being taken by investors as a positive sign that the company may be taking market share from traditional grocery competitors like Safeway (SWY) and Supervalu (SVU), who've been struggling with declines in sales volume. Shares +11.4% AH.
    | 2 Comments
  • Jul. 16, 2012, 3:31 PM
    Supervalu (SVU +9.2%) extends gains following a WSJ article that the company expects to begin sending out financial information in the coming days to prospective buyers, including buyout firms and other supermarket operators and distributors. SVU said last week it had hired bankers to look at selling either part or all of itself. (earlier)
    | 6 Comments
  • Jul. 16, 2012, 2:32 PM
    Grocery store chain Weis Markets (WMK -0.3%) decides to freeze prices for 100 days to commemorate its 100th anniversary. The mid-sized company says it has locked in savings from strategic early buying, but that's not the story at all from larger chains such as SWY, SVU, and KR where the perfect storm of higher food costs and competitive pressure from big box retailers has been hitting bottom lines.
    | 1 Comment
  • Jul. 16, 2012, 9:19 AM
    Supervalu (SVU) moves 6.1% higher premarket after Goldman Sachs chimes in with an upgrade to Neutral from Sell. The firm says last week's selloff in shares brings the stock's risk-reward profile back in balance.
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  • Jul. 16, 2012, 9:10 AM
    Premarket gainers: PRX +39%. CONM +13%. AUTH +13%. SVU +6%.
    Losers: ISR -19%. NSPH -6%. ANR -6%.
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  • 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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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