Supervalu Inc. Q2 Income Advances 16%

(RTTNews) - Supervalu Inc. (SVU) released earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $37 million, or $0.13 per share. This was higher than $32 million, or $0.11 per share, in last year's second quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.5% to $4.06 billion. This was up from $4.04 billion last year.

Supervalu Inc. earnings at a glance:

-Earnings (Q2): $37 Mln. vs. $32 Mln. last year. -Earnings Growth (Y-o-Y): 15.6% -EPS (Q2): $0.13 vs. $0.11 last year. -EPS Growth (Y-o-Y): 18.2% -Analysts Estimate: $0.14 -Revenue (Q2): $4.06 Bln vs. $4.04 Bln last year. -Revenue Change (Y-o-Y): 0.5%