SUPERVALU POSTS RECORD PROFIT, VOLUME FOR QUARTER

MINNEAPOLIS -- Supervalu here said sales and earnings reached record levels for the second quarter ended Sept. 6. is., rose 148.8% to $89.1 million for the 12-week quarter and 69.7% to $138.9 million for the first half.Excluding the gain and equity earnings from ShopKo, net income for the quarter was up 4.1% to $35.5 million. The company said the second quarter was the first that did not include equity

MINNEAPOLIS -- Supervalu here said sales and earnings reached record levels for the second quarter ended Sept. 6.

is., rose 148.8% to $89.1 million for the 12-week quarter and 69.7% to $138.9 million for the first half.

Excluding the gain and equity earnings from ShopKo, net income for the quarter was up 4.1% to $35.5 million. The company said the second quarter was the first that did not include equity earnings from ShopKo, a discount chain in which Supervalu sold the remaind

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