|Bid||0.00 x 1000|
|Ask||0.00 x 2900|
|Day's Range||21.15 - 21.99|
|52 Week Range||13.60 - 26.51|
|PE Ratio (TTM)||18.73|
|Earnings Date||Jul 23, 2018 - Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.44|
Supervalu is in the midst of a proxy war with an activist investor for control of the company's board, a battle that ultimately could determine the future size of the Fortune 500 company and perhaps threaten its very existence.
Research reports have been issued by WallStEquities.com on select Grocery Stores stocks, particularly: Smart & Final Stores Inc. (NYSE: SFS), Sprouts Farmers Market Inc. (NASDAQ: SFM), SUPERVALU INC. (NYSE: SVU), and The Kroger Co. (NYSE: KR). According to a First Research report, changes in the way consumers shop for and eat food are roiling the crowded global grocery market.
The vote for effective control of Supervalu Inc.'s board is about a month away and the feud between the company and an activist investor is still ramping up.
Greater Washington’s grocery landscape continues to evolve, and more competition could mean the exit of one of the market’s longtime players.
Bargain shoppers can thank Charles Hooley for the no-frills feel of more and more U.S. grocery stores. Mr. Hooley, who died June 17 at 89 years of age, was a pioneer of big, spartan supermarkets that prized low prices over presentation. Groceries at his stores were unloaded from trucks as close as possible to the wooden shelves where they would be sold, and displayed in their shipping cases.
I am writing today to help inform people who are new to the stock market and want to begin learning the link between SUPERVALU INC (NYSE:SVU)’s fundamentals and stock marketRead More...
Supervalu's (SVU) deal with Instacart will provide online shopping and same-day delivery services to its retailers. This will enable the company expand base and boost its e-commerce platform.
SUPERVALU INC. (SVU), the largest public company grocery wholesaler in the United States, has entered into a reseller agreement with Instacart, creating a new professional services offering and expanding the company’s digital capabilities. The agreement allows SUPERVALU to offer the benefits of online shopping and delivery services to more than 3,000 independent retail stores supplied by SUPERVALU as well as other retailers across the U.S. in the over 240 metro areas where Instacart operates. Instacart’s turn-key solution provides same-day grocery delivery or in-store pickup services to retailers through the use of personal shoppers who pick and deliver orders to consumers in as little as one hour.
Supervalu Inc., which has been shedding its retail operations in recent years as it focuses on its grocery distribution business, said Wednesday it wants to convert itself into a holding company to better split the two businesses.
SUPERVALU (SVU) reveals a proposal to rearrange its corporate structure into a holding company setup. This is likely to support SUPERVALU's strategic transformation.
SUPERVALU INC. (SVU) today announced a proposal to reorganize the Company’s corporate structure (the “Holding Company Proposal”) to further facilitate the Company’s strategic transformation, among other benefits to stockholders. This proposal, as outlined in SUPERVALU’s preliminary proxy statement/prospectus filed today, would result in a reorganization of the Company’s corporate structure into a holding company structure.
Supervalu Inc. gave CEO Mark Gross a roughly $1.2 million raise to almost $6 million in total, according to a new filing from the company.
In 2016, Supervalu Inc. changed its corporate jet policy, ending free personal flights for its CEO. That didn't last long, as the company quietly brought back the perk, in part.
Source: InsiderScore.com Wynnefield Capital Management revealed in a May 29 filing that it had entered into a confidentiality and standstill agreement with Xerium on May 25 in which Wynnefield will be provided current information on Xerium’s “review of strategic alternatives,” including the potential sale of the company or its assets, in exchange for Wynnefield’s support of Xerium’s current board of directors at the coming annual shareholders meeting. Wynnefield also disclosed a stake of 1,214,540 shares, or the equivalent of 7.4% of the outstanding stock. TCS Capital Management revealed on May 25 its 9.7% stake, equal to 5,002,547 DHI common shares, following its purchase of 945,059 shares priced from $1.51 to $2.50 in the span from May 8 through May 21, plus the acquisition of four million additional shares through the exercise of put options with a $2.50 strike price on May 15 and May 18.
Blackwells Capital formally nominated a slate of six directors to challenge Supervalu's existing board of directors, ratcheting up the stakes in a months-long contests of wills between the activist investor and the grocery store distributor.
Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm with an approximate 7.3% ownership interest in Supervalu Inc. (SVU) (“Supervalu” or the “Company”), today announced it has filed preliminary proxy materials to elect six highly qualified candidates to Supervalu’s Board of Directors (the “Board”) at the upcoming 2018 Annual Meeting of Shareholders (the “Annual Meeting”).
SUPERVALU (SVU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
SUPERVALU INC. will participate in next week’s RBC Capital Markets Consumer & Retail Conference in Boston. President and CEO Mark Gross and Executive Vice President, CFO Rob Woseth will address investors at approximately 10:00 a.m.
Blackwells Capital LLC (together with its affiliates, “Blackwells Capital” or “Blackwells”), an alternative investment management firm and one of the largest shareholders of Supervalu Inc. (SVU) (the “Company”) with an approximate 5.2% ownership interest, today issued the following open letter to the Company’s Board of Directors, in response to its continued refusals to engage in good faith over proposals to reverse the continued destruction of shareholder value.