SuperValu tallies fourth quarter figures

April 29, 2009
SuperValu Inc reported fourth quarter fiscal 2009 net sales of $10.8 billion and a net loss of $201 million.

SuperValu Inc reported fourth quarter fiscal 2009 net sales of $10.8 billion and a net loss of $201 million.

Fourth quarter retail net sales were $8.5 billion and included an approximate $0.6 billion benefit from the 53-week year, compared with $8.1 billion a year earlier.

Retail food net sales in the fourth quarter of fiscal 2009 represented 78.5 percent of total net sales versus 77.8 percent a year ago. Supply chain services net sales in the fourth quarter of fiscal 2009 represented 21.5 percent of total net sales compared with 22.2 percent the prior year.

Gross profit margin in the fourth quarter was $2.5 billion, or 22.9 percent of net sales, versus $2.4 billion, or 23.3 percent of net sales a year earlier.

Jeff Noddle, SuperValu chairman and chief executive officer, said, “It’s good to wrap up fiscal 2009 with fourth quarter adjusted earnings per share on a comparable basis exceeding last year by 5 percent. As we enter fiscal 2010, we anticipate a challenging economic environment, but remain focused on executing the strategic initiatives that will drive sustainable long-term sales and earnings growth.”

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...