US grocer Supervalu has posted rising sales and earnings for its 2008 fiscal year, the company announced today (17 April).


The company booked net earnings of US$593m, up 31% on the year. Net sales climbed 18% to $44m.


The figures were helped by a greater contribution from the Albertson’s business that Supervalu bought in June 2006.


Supervalu benefited from a full year’s contribution from the business in its 2008 fiscal year. The company’s 2007 results included 38 weeks of Albertson’s sales and earnings.


Chairman and CEO Jeff Noddle said the fiscal 2008 year saw a number of “important milestones” for the business.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Looking to fiscal 2009, we remain focused on our integration initiatives, including the implementation of key merchandising programs and the continued roll-out of our Premium, Fresh and Healthy remodel programme,” Noddle added.