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.
Revenue details
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 details
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.
Margin details
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.
Looking ahead
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.
Investor sentiment
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.
If you're interested in retailers like SUPERVALU as investments, you should check out the retail concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
- Add SUPERVALU to My Watchlist.
