US retail group Supervalu has issued its first revenue and earnings guidance taking account of its acquisition of part of the Albertsons group.
 
The company said it is forecasting sales for the 2007 fiscal year of between US$37.4bn and $38bn. Earnings per share for the year are projected at $2.17 to $2.44 which includes one-time transaction costs of $0.30-0.35 per diluted share and the impact of the newly adopted stock option accounting treatment of $0.06-0.08 per diluted share. Adjusting for these items, diluted EPS for 2007 is expected to be in the range of $2.60 to $2.80, the company said.
 
Supervalu is part of a consortium buying the Albertsons retail group. The deal gained FTC approval in March and is expected to be finally completed in June.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact