US: Supervalu issues profit warning after Q3 loss

By: Dean Best | 12 January 2012

Shares in Supervalu Inc slumped yesterday (11 January) after the US retailer issued a profit warning amid more write-downs and poorer sales in its third quarter, which led to a loss of US$750m.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Shares in Supervalu Inc slumped yesterday (11 January) after the US retailer issued a profit warning amid more write-downs and poorer sales in its third quarter, which led to a loss of US$750m.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

US: Supervalu veteran Van Helden to leave retail giant
Senior Supervalu Inc executive Pete Van Helden is to leave the US retailer after over 30 years with the business.

US: Supervalu shuffles Acme, Albertsons, Cub management
US retailer Supervalu Inc is shuffling the management line-up of its Acme, Albertsons Southern California and Cub units.

Editor's choice: the highlights on just-food this week
After a relaxing Easter break, news of another piece of M&A in the UK food sector emerged with a potential management buy-out at cake maker Lees Foods. Later in the week, another UK manufacturer, Adelie Food Holdings, made the headlines with news of its sale to an Indian buyer. Embattled retailers Carrefour and US grocer Supervalu Inc providing trading updates to the market. And, our pages carried an exclusive interview with the chairman and CEO of Spanish food manufacturer Ebro Foods. Click on the headlines for more.

Market research related to this article

SUPERVALU INC. - SWOT Analysis
Datamonitor's SUPERVALU INC. - SWOT Analysis company profile is the essential source for top-level company data and information. SUPERVALU INC. - SWOT Analysis examines the company’s key business structure and operations, history and products, and pr...

SUPERVALU Inc. - SWOT Analysis
SUPERVALU Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. SUPERVALU Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary...

SUPERVALU INC. - Strategy, SWOT, and Corporate Finance Report
Datamonitors' SUPERVALU INC.’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financ...

Welcome to the home of food information, insight & intelligence

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page