SUPERVALU INC. is a company based in United States and is
basically a grocery channel. The company is primarily operating in three
segments, namely Save-A-Lot, Retail Food, and Independent Business. The company
primarily provides wholesale distribution to the retail stores and other
clients.
The widespread business of the company has helped the
officials grow their revenues, as quite recently, a report shows that the
profits of SVU in the last quarter of 2013 nearly doubled and the reason it
suggests is the stabilization and major restructuring of the super market
business of the company.
Such a development has also caused an improvement in the
value of SuperValu stock. The supermarket chain of the company includes Farm
Fresh, Cub, and Shop N’ Save. Through these chains, the net income already rose
up by 12% per share in the third quarter of 2013. Another giant of the same
sector Dean food has also shown improvement in their stock prices. Dean foods stock news has displayed that the company share
price of US $17.61 with increase of 0.11 points.
The current stock price of the SVU is $6.97 with an average
change of 2.20%. The high and low stock prices of the company in the last 52
weeks have been $8.55 and $4.56, respectively. The average volume of the SVU
stocks being traded in the stock market currently is 833,051. These statistics
also suggest that the company is recently getting up higher gains and expects
to reap more profits in future.
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