Supervalu Q4 Profit Rises - Quick Facts

(RTTNews) - Grocery retailer Supervalu, Inc. (SVU) reported that net earnings for the fourth quarter grew to $39 million or $0.14 per share from $26 million or $0.10 per share in the prior-year quarter.

Net earnings from continuing operations for the latest quarter was $36 million or $0.13 per share, and adjusted earnings from continuing operations was $66 million or $0.24 per share.

Recent quarter's results primarily include $0.08 per share of debt refinancing costs.

On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.21 per share for the quarter. Analysts' estimates typically exclude special items.

Total net sales for the quarter grew 10.4 percent to $4.36 billion from $3.95 billion in the same quarter last year. Wall Street analysts had a consensus revenue estimate of $4.39 billion for the quarter.

Sales included the 53rd week or an increase of $98 million or 2.5 percent excluding the additional week in fiscal 2015.