Is Supervalu on course?

Is Supervalu on course?

Supervalu is seeing progress under Sam Duncan’s leadership, but the company still faces challenges “They’ve clearly demonstrated that they’ve been able to drive the top line at Save-a-Lot; it’s just a question of what that’s going to take to have that flow through the bottom line.” -KAREN SHORT, Deutsche Bank Securities

Supervalu is on the mend. The company’s back-to-basics approach focusing on the hard discount Save-A-Lot banner and its wholesale business has been getting results.

A year and a half after CEO Sam Duncan took the reins at the troubled company, analysts applaud Supervalu’s improvement so far, but say the company still has a lot of work ahead of it.

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