Summary Box: Supervalu beats income forecasts

AP News
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Posted: Jul 26, 2011 12:28 PM
Summary Box: Supervalu beats income forecasts

RESULTS: Supervalu Inc.'s income rose 10 percent to $74 million, or 35 cents per share. Analysts anticipated 43 cents per share. The company operates the Albertsons and Jewel-Osco supermarkets.

REVENUE: The grocer's revenue fell 4 percent to $11.11 billion.

THE STOCK: Supervalu's stock rose 9 percent to $9.25.