Earnings projections lowered as market pressures linger

September 2009
Chain Drug Review;9/14/2009, Vol. 31 Issue 15, p14
Trade Publication
The article forecasts the financial performance of Supervalu Inc. in the U.S. The company expects GAAP earnings of 1.95 dollars to 2.15 per share dollars. In addition, adjusted earnings are projected at 2.01 dollars to 2.21 per share dollars. According to the company, the GAAP earnings reflect an impact of about six cents per share from charges associated with store closures and cost-reduction activities.


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