Supervalu Inc. (NYSE:SVU), one of the largest grocery chains in the US, has posted fourth quarter 2012 earnings of 38 cents per share (excluding non-cash goodwill and intangible asset impairment charges), exceeding the Zacks Consensus Estimate of 35 cents.
The better-than-expected results come as Supervalu remains on track with its business transformation plan launched last year. The company has been trying to turn its business around by closing stores, slashing jobs, selling off some businesses … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards