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Supervalu   Net earnings from continuing operations were $31 million

Supervalu Q2 2016 net sales $4.06 billion

SupervaluSupervalu reported second quarter fiscal 2016 net sales of $4.06 billion and net earnings from continuing operations of $31 million, or $0.11 per diluted share.

That which included $6 million in after-tax costs related to the potential separation of Save-A-Lot and severance costs.

READ MORE Supervalu Q3 profit decreased 36 percent

When adjusted for these items, second quarter fiscal 2016 net earnings from continuing operations were $37 million, or $0.13 per diluted share.

Net earnings from continuing operations for last year’s second quarter were $31 million, or $0.11 per diluted share, which included $1 million in after-tax information technology intrusion costs.

When adjusted for this item, second quarter fiscal 2015 net earnings from continuing operations were $32 million, or $0.11 per diluted share.




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