Supervalu Scales Back Its Growth Projections

Supervalu saw its stock price plummet last week after the company scaled back its projections for sales and profit growth and acquistion synergies. In a conference call discussing results for the third quarter, which ended Dec. 1, Supervalu said the synergies from its 2006 acquisition of Albertsons may not be realized until 2010, about six months later than originally expected. Analysts,

MINNEAPOLIS — Supervalu here saw its stock price plummet last week after the company scaled back its projections for sales and profit growth and acquistion synergies.

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