SUPERVALU INC. (NYSE:SVU)
The Company is a supermarket retailer and food distributor operating in the U.S. The Company conducts its retail operations under three principal store formats: extreme value food stores, price superstores and supermarkets.
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Getting lean & mean. They need some new stategies to fend off WMT but their management is capable of competing (as long as they know their customer). SVU shoppers aren't the same as WMT shoppers. More medium income shoppers who want the convenience more than the lowest price. WMT might be 5% cheaper but their stores are so large that 5% advantage is really a disadvantage when you factor shopping time.
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need cheap stuff . Saving money . don't need to be name brand.
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This stock was picked in the Forbes Special Situation newletter by Vahan Janjigian. I am tracking these picks to see if the newsletter would be worth the subscription price.
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Market over reacted on a down day to lower Q4 guidance. Plenty of room to move up from here. PE of just 9 looking frwd. BUY.
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Weaker economy is generally good for groceries, bad for entertainment/restaurants.
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We got to eat ya know!!
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mistake as it is...
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Technically a dip to $40 would be ideal to initiate long positions. Btw, I got my technical reports from PALMA RESEARCH (www.Palmaresearch.com) since it is free for the time being. If someone can tell me whether they are good or whether there is another similar service I would appreciate that information. Thank you so much.
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sunflower market subsidiary is failing - chicago store is empty all the time, variety is terrible, and worst of all, you can see that there was a lot of money invested into technology, which does not seem to be panning out too well.
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Navallier likes it (reverse engineered from his Quantum Growth sales pitch).
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Acquisition of only the strong, former Albertson's grocery stores.
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Probably will encounter some problems absorbing albertsons for the next year or so, but when families want to spend less money, as they will next year, SVU will benefit.
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