Entering text into the input field will update the search result below

More on Supervalu's FQ3

Jan. 11, 2017 7:01 AM ETSUPERVALU Inc. (SVU) StockBy: Niloofer Shaikh, SA News Editor
  • Supervalu (NYSE:NYSE:SVU) reports Wholesale net sales grew 0.2% to $1.91B primarily due to sales to new customers and increased sales to new stores operated by existing customers.
  • Retail net sales decreased 3.4% to $1.06B and identical store sales down 5.7%.
  • Gross margin rate declined 70 bps at 13.6% due to lower TSA fees and higher employee costs.
  • Adjusted SG&A expense rate improved 30 bps to 11.6% primarily due to lower pension expense.
  • Operating margin rate dropped 210 bps to 0.1%.
  • Press release

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
SVU--
SUPERVALU Inc.