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Supervalu Inc. (SVU) Rose To A 2-Week High After Q4 Report

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Supervalu Inc. (SVU: Quote) reported fourth quarter adjusted EPS of $0.38 Tuesday morning, which beat the consensus estimate of $0.35. Full year 2013 EPS is expected to be between $1.27 and $1.42, compared to the consensus estimate of $1.19.

Supervalu gapped open higher Tuesday, but traded in a range for the bulk of the session. The stock closed up by 0.81 at $6.13, with volume at over an 11- month high. Supervalu jumped to nearly a 2-week high.

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by RTT Staff Writer

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