Insight Report 3 minutes PremiumSupervalu (SVU) 2Q17 Results: Mixed Quarter, Company Transformation Continues Coresight Research October 20, 2016 Executive Summary Supervalu reported fiscal 2Q17 adjusted EPS of $0.13, ahead of the $0.10 consensus estimate and up 12.4% year over year. Revenues were $3.9 billion, down 4.8% year over year and slightly below the consensus estimate. Same-store sales were negative for the Wholesale segment, the Retail segment, at Save-A-Lot and for corporate stores within the Save-A-Lot network. On October 17, Supervalu announced the signing of an agreement to sell Save-A-Lot for $1.365 billion in cash. The sale is expected to close by January 31, 2017. On September 8, the company reduced its full-year outlook for adjusted EBITDA to 5.0% below the $771 million figure reported last year. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Retail Shrink and ORC: US Small Business Owners’ Perspectives on Retail Theft, Plus New Measures To Combat Theft in New York, the UK and AustraliaTarget’s Gains, Consumer Activities and Mapping Amazon Shoppers: US Consumer Tracker 2023, Week 24US Apparel and Beauty Spending Tracker, May 2023: Clothing, Footwear and Beauty Spending Growth All Moderate FurtherThe 4-5-4 US Retail Calendar, 2025–26
