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Home > Fortune 500 Companies > Supervalu Inc.
Supervalu Inc.
Supervalu Inc. is a publicly traded company having a good stock performance result. It operates as a grocery company in the United States. Supervalu Inc. is a fortune 500 stock listed company trading under SVU and holds leading market share position.
Supervalu Inc. was established in 1871 and is headquartered in Minneapolis, Minnesota. It offers a range of food and nonfood products, including groceries, meats, dairy products, frozen foods, bakery, fresh fruits and vegetables, health and beauty aids, general merchandise, seasonal items, and tobacco products.
The company conducts its retail operations under three retail food store formats extreme value stores, price superstores, and supermarkets. As of January 11, 2006, the company had 1,546 retail grocery locations. It provides food distribution and related logistics services, including warehouse management, transportation, procurement, contract manufacturing, logistics engineering and management services for the retail grocery channel. The company’s customers include single and multiple grocery store independent operators, regional and national chains, mass merchants, and the military.
Supervalu Inc.'s Corporate Governance Quotient as of 1-Apr-06 is better than 53.8 percent of S&P 500 companies and 88.6 percent of Food & Staples Retailing companies. They declared a regular quarterly dividend of 0.1625 dollars per share. The dividend is payable on June 15, 2006 to stockholders of record as of the close of business on May 31, 2006. As of April 10, 2006, there were about 136.5 million shares outstanding.
Supervalu Inc. holds leading market share positions across the U.S. with its 1,381 retail grocery locations including licensed Save-A-Lot locations with annual revenues of approximately 20 billion dollars,. The company ranks no. 113 on this year's list of the Fortune 500 with 19,543.2 million dollars in revenues. This year, Fortune 500 companies overall brought in a record 9.1 trillion dollars in revenues and 610 billion dollars in profits. The Fortune 500 companies did much better, increasing their revenues. The company offers a dividend reinvestment program for shareholders.
The company Supervalu Inc. provides the product variety, punctual delivery, competitive rates and services their grocery retail customers. They also provide their customers with value through their products and services with the quality and diversity as per expectation.
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