October 18, 2017 / 2:10 PM / in 10 months

BUZZ-Supervalu Inc: Breezes past Q2 results estimates

** Grocery retailer’s shares up 8.8 pct at $21.09 - stock among top pct gainers on NYSE in early morning trading

** Surpasses Q2 sales and profit estimates, fueled by strong growth in wholesale business

** To buy Associated Grocers of Florida for $180 million

** Beats EPS est. for 5th time in past 8 quarters and revenue est. for 3rd straight quarter

** Including today’s gains, stock up over 35 pct this year (Reporting by Vibhuti Sharma in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below