Thursday, January 12, 2012

Supervalu reports quarterly loss of $750 million

Supervalu reported a net loss of $750 million - or $3.54 per share - for the quarter ended December 3, 2011. The loss for the same quarter one year ago was $202 million. Sales for the quarter ended December 3 were $8.3 billion, compared to $8.7 billion for the comparable quarter one year ago.

Supervalu brands include Acme, Save-A-Lot, Albertson's, Cub Foods, Farm Fresh, Jewel-Osco, Shaw's/Star Market, Shop 'N Save and Shoppers.

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