MINNEAPOLIS — Supervalu saw its stock rise 12.4% yesterday despite reporting a loss of $201 million for the fourth quarter and nearly $2.9 billion for the fiscal year, which ended Feb. 28. John Heinbockel, an analyst with Goldman Sachs, New York, noted that operating income beat most expectations and that identical-store sales, adjusted for a shift of Thanksgiving into the third quarter, were down 1.2%, “in line with the prior two quarters despite moderating inflation, which is evidence of ...
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