USA: Supervalu reports lower Q2 earnings
By: just-food.com | 17 October 2005
US supermarket firm Supervalu has reported lower net earnings for the second quarter of fiscal 2006, hit by after-tax charges of around US$45m related to the plan to sell 20 Pittsburgh stores, start-up costs related to growth initiatives and the losses incurred from Hurricane Katrina.
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US supermarket firm Supervalu has reported lower net earnings for the second quarter of fiscal 2006, hit by after-tax charges of around US$45m related to the plan to sell 20 Pittsburgh stores, start-up costs related to growth initiatives and the losses incurred from Hurricane Katrina.
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