SUPERVALU (NYSE: SVU ) reported earnings on Jan. 10. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 1 (Q3), SUPERVALU met expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew.
Gross margins contracted, operating margins dropped, net margins increased.
SUPERVALU reported revenue of $7.91 billion. The 14 analysts polled by S&P Capital IQ predicted sales of $7.92 billion on the same basis. GAAP reported sales were 5.0% lower than the prior-year quarter's $8.33 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 $0.03. The 16 earnings estimates compiled by S&P Capital IQ predicted $0.07 per share. GAAP EPS were $0.08 for Q3 against -$3.54 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 21.2%, 50 basis points worse than the prior-year quarter. Operating margin was 2.0%, 50 basis points worse than the prior-year quarter. Net margin was 0.2%, 920 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $7.86 billion. On the bottom line, the average EPS estimate is $0.20.
Next year's average estimate for revenue is $34.49 billion. The average EPS estimate is $0.49.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 793 members out of 879 rating the stock outperform, and 86 members rating it underperform. Among 233 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 206 give SUPERVALU a green thumbs-up, and 27 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 $2.71.
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