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Friday, July 07, 2017 1:06:48 PM
It already hit bottom and now looks to be a $4-$5 stock by December.
Congrats to all those that are buying up.
NEWS 1 hour ago...
It is commendable that SUPERVALU is taking measures to turn around the stock and improve its business. In fact, the company is taking initiatives to expand its retail banners in to boost sales. Further, SUPERVALU is focusing on its wholesale business, which is mainly driven by sales to new customers as well as from new outlets operated by existing customers. Also, the recent acquisition of Unified Grocers is expected to radically boost the company's wholesale segment, alongside offering new growth opportunities across multiple geographies. Moreover, it has undertaken several measures to improve comps in the retail sector and increase operating efficiency.
Estimates have increased for 2017 over the last 30 days. Further, it is expected to witness earnings growth of 18.97% in 2017.
SuperValu Inc. Price, Consensus and EPS Surprise
SuperValu Inc. Price, Consensus and EPS Surprise | SuperValu Inc. Quote
Bottom Line
SUPERVALU is surely an inspired choice for value investors, buoyed by its incredible line up of statistics, amid sluggish grocery market scenario.
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