US: Supervalu hit by impairment charges

By just-food.com | 7 January 2009

US retailer Supervalu today (7 January) posted a third-quarter net loss of US$2.94bn, or $13.95 per share, after profits were hit by a pre-tax impairment charge of $3.3bn related to the company's slumping stock price.

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US retailer Supervalu today (7 January) posted a third-quarter net loss of US$2.94bn, or $13.95 per share, after profits were hit by a pre-tax impairment charge of $3.3bn related to the company's slumping stock price.

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