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Stock impact report

Why SUPERVALU Inc. Stock Dropped 34% Last Year [The Motley Fool]

SUPERVALU (SVU) 
Last supervalu earnings: 7/26 07:39 am Check Earnings Report
US:NYSE Investor Relations: supervaluinvestors.com
Company Research Source: The Motley Fool
Shares of the integrated grocery company tumbled last year on underwhelming results and increased competition. Jeremy Bowman ( TMFHobo ) Jan 8, 2018 at 5:29PM What happened Shares of  SUPERVALU Inc.  ( NYSE:SVU ) were losing value last year as the diversified supermarket operator continued to see sales fall in its retail division and was challenged by increased competition in the sector as  Amazon.com acquired Whole Foods, European discounters Aldi and Lidl expanded, and  Wal-Mart  and  Kroger  have been ramping up their grocery pickup programs. As a result, Supervalu stock fell 34% last year according to data from S&P Global Market Intelligence . As the chart below shows, the stock declined steadily over the course of the year. SVU data by YCharts So what  Supervalu got off on the wrong foot in January as the stock fell 12% over Show less Read more
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