SUPERVALU (NYSE: SVU ) reported earnings on Oct. 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 8 (Q2), SUPERVALU met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share contracted to a loss.
Margins dropped across the board.
SUPERVALU reported revenue of $8.04 billion. The 13 analysts polled by S&P Capital IQ foresaw a top line of $8.05 billion on the same basis. GAAP reported sales were 4.6% lower than the prior-year quarter's $8.43 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.00. The 16 earnings estimates compiled by S&P Capital IQ predicted $0.13 per share. GAAP EPS were -$0.52 for Q2 against $0.28 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 21.4%, 80 basis points worse than the prior-year quarter. Operating margin was 0.4%, 220 basis points worse than the prior-year quarter. Net margin was -1.4%, 210 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $7.99 billion. On the bottom line, the average EPS estimate is $0.11.
Next year's average estimate for revenue is $34.51 billion. The average EPS estimate is $0.67.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 846 members out of 933 rating the stock outperform, and 87 members rating it underperform. Among 235 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 210 give SUPERVALU a green thumbs-up, and 25 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SUPERVALU is hold, with an average price target of $3.30.
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