3 minutes

Supervalu (SVU) 4Q16 Results: Same-Store Sales Decline, but EPS Beat Consensus

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Insight Report

Executive Summary

  • Supervalu reported fiscal 4Q16 revenues of $4.0 billion, adjusted for the year-ago period having an additional week, down 2.9% year over year and slightly below the consensus estimate.
  • Adjusted EPS was $0.23, above the consensus estimate of $0.18 but down 4.2% from the year-ago period.
  • All three of Supervalu’s main businesses experienced weak sales trends. Total net sales within the Wholesale division decreased 4.8% from the year-ago quarter. Save-A-Lot same store sales decreased 2.2% and the retail segment same store sales were down 3.9%.

 

 

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