Supervalu Q4 Comps Fall, Earnings Up

Supervalu here said comparable-store sales fell 6.8% in the fourth quarter, but the company also switched from a loss in the year-ago period to a profit in the most recent fourth quarter.

MINNEAPOLISSupervalu here said comparable-store sales fell 6.8% in the fourth quarter, but the company also switched from a loss in the year-ago period to a profit in the most recent fourth quarter.

Net income of $97 million — after one-time charges of $34 million — compared with a loss of $201 million in the year-ago fourth quarter, which included $498 million in pretax goodwill and impairment charges. Sal

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