SUPERVALU's retail segment has been depicting a dismal picture, thanks to store closures and identical store sale declines. However, the company is focused on expanding its wholesale segment.
While SUPERVALU (SVU) consistently undertakes measures to sustain the Wholesale segment's growth momentum, it is also on track with efforts to revive retail performance.
Investors in SUPERVALU (SVU) need to pay close attention to the stock based on moves in the options market lately.
Let's see if SUPERVALU Inc. (SVU) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
SUPERVALU's (SVU) persistent struggle with retail business weighs on investors' sentiments. However, stable wholesale business helps the company to stay afloat.
Shoppers love Trader Joe's and Amazon but are disappointed with their experiences at other stores, such as Walmart, one of the most hated stores in the U.S.
SUPERVALU (SVU) has tanked nearly 33% this year due to its soft retail business which is likely to remain under pressure. Nonetheless, we have identified four solid food stocks, using the Zacks screener.
SUPERVALU's (SVU) recently launched new website offerings with Instacart are likely to strengthen omnichannel retailing. It is also on track with augmenting wholesale business.
SUPERVALU (SVU) expects the inclusion of Associated Grocers to enhance wholesale business performance. However, industry-wide headwinds have been plaguing the retail segment.
Shares of Kroger (KR) surged on Thursday after the company reported third-quarter earnings that helped show investors it might be ready to compete against the likes of Amazon (AMZN) and Walmart (WMT). Kroger's performance helped lift almost the entire grocery industry, as shares of fellow grocers, including Costco (COST), surged.
SuperValu (SVU) reported earnings more than a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
We remain encouraged about food stocks' performance, given the favorable economic indicators.
SUPERVALU (SVU) is likely to beat earnings estimates in second-quarter fiscal 2018. The company remains committed to its wholesale operations.
When the deal was announced in mid-June, Costco stock fell off a cliff from $180 to $167 a share. Since then, Costco stock has just continued to slide lower. Amazon is cutting prices at America’s premier grocery story. The net result is increased traffic at Whole Foods and lower traffic at traditional grocers like Kroger Co (NYSE:KR), Sprouts Farmers Market Inc (NASDAQ:SFM), and Supervalu Inc. (NYSE:SVU).
SUPERVALU (SVU) is making efforts to expand its retail banners and develop its wholesale operations in order to boost sales amid tough competitive pressure and lower store traffic.