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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weinswig’s Weekly: Deploying Tech for Leading-Edge Loss Prevention in RetailA Guide to NRF 2024: Retail’s Big Show—Looking Ahead to Insights and Perspectives on Six Critical Topics in RetailCountdown to China’s Singles’ Day 2023: Three Months To Go—Livestreaming Trends That Brands Must KnowUS Apparel and Beauty Spending Tracker, September 2023: Clothing and Footwear Growth Softens Substantially, While Beauty Growth Remains Resilient