Supervalu Q3 2015 sales $4.20 billion
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Results for the third quarter of fiscal 2015 included a $36 million after-tax pension settlement charge and $1 million in after-tax debt refinancing and net information technology intrusion costs. When adjusted for these items, third quarter fiscal 2015 net earnings from continuing operations were $49 million ($0.18 per diluted share).
Net earnings from continuing operations for last year's third quarter were $33 million.
When adjusted for these items, third quarter fiscal 2014 net earnings from continuing operations were $36 million ($0.13 per diluted share).
"We passed an important milestone this quarter delivering positive sales increases in all three of our business segments for the first time in many years," said President and CEO Sam Duncan.
"I'm very encouraged to see our Independent Business segment post higher sales compared to last year's third quarter, and I remain pleased with the continued progress we are making in our retail stores. Save-A-Lot had another good quarter from a sales perspective while also delivering a higher operating margin compared to the second quarter. Overall, the third quarter provided many positives for us to build on during the final quarter of our fiscal year." ■