Supervalu Inc. at CanaccordAdams Global Growth Conference Transcript - Thomson StreetEvents

Supervalu Inc. at CanaccordAdams Global Growth Conference Transcript

Supervalu Inc. at CanaccordAdams Global Growth Conference Transcript - Thomson StreetEvents
Supervalu Inc. at CanaccordAdams Global Growth Conference Transcript
Published Aug 13, 2009
9 pages (5227 words) — Published Aug 13, 2009
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Final Transcript of SVU presentation, 13-Aug-09 9:00am ET

  
Brief Excerpt:

...Simeon Gutman - Canaccord Adams - Analyst I'm Simeon Gutman, Canaccord's food and drug retail analyst, and we are pleased to have SUPERVALU management with us, represented by David Oliver, VP of IR, and Steve Bloomquist, Director of IR. In our view, SUPERVALU is one of the most intriguing stories in retail, for several reasons. First, it is one of the nation's largest food retailers. We think the Company has significant opportunities from here to improve in-store shopping experience through better prices, better merchandising, and better customer service. Second, an increasingly centralized merchandising platform should enable cost efficiencies and additional buying scale, and third, orchestrating these changes at SUPERVALU is a new CEO with extensive experience, both the value-oriented Wal-Mart and at the traditional supermarket channel. Fourth, given the Company's multiple business lines, we think it gives them revenue and earnings' diversity, but also options to possibly raise some capital...

  
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Transcript

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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Simeon Gutman - Canaccord Adams - Analyst: Let me sneak a quick question here before we go to the breakout. Can you try to dimensionalize for us the comp deceleration that you had in the first five weeks? Is it -- there is some promotional spending that the organization is going through. There's probably some incremental deflation. Can you just maybe talk about it vis-a-vis traffic, and how that is performing?

Answer By: David Oliver - SUPERVALU Inc. - VP IR


Question: Simeon Gutman - Canaccord Adams - Analyst: We'll continue in the New York breakout room. Thanks. DISCLAIMER Thomson Reuters reserves the right to make changes to documents, content, or other information on this web site without obligation to notify any person of such changes. In the conference calls upon which Event Transcripts are based, companies may make projections or other forward-looking statements regarding a variety of items. Such forward-looking statements are based upon current expectations and involve risks and uncertainties. Actual results may differ materially from those stated in any forward-looking statement based on a number of important factors and risks, which are more specifically identified in the companies' most recent SEC filings. Although the companies may indicate and believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate or incorrect and, therefore, there can be no assurance that the results contemplated in the forward-looking statements will be realized.

Table Of Contents

Supervalu Inc. at Morgan Stanley Global Consumer & Retail Conference Transcript – 2009-11-19 – US$ 54.00 – Final Transcript of SVU presentation, 19-Nov-09 4:30pm ET

Supervalu Inc. at Citi Credit Conference Transcript – 2009-11-18 – US$ 54.00 – Final Transcript of SVU presentation, 18-Nov-09 9:10am ET

Supervalu Inc. Q2 2010 Earnings Conference Call Summary – 2009-10-20 – US$ 54.00 – Edited Brief of SVU earnings conference call or presentation, 20-Oct-09 9:00am CT

Supervalu Inc. Q2 2010 Earnings Conference Call Transcript – 2009-10-20 – US$ 54.00 – Final Transcript of SVU earnings conference call or presentation, 20-Oct-09 9:00am CT

Supervalu Inc. at Goldman Sachs Retailing Conference Transcript – 2009-09-10 – US$ 54.00 – Final Transcript of SVU presentation, 10-Sep-09 3:00pm ET

Supervalu Inc. Q1 2010 Earnings Conference Call Summary – 2009-07-28 – US$ 54.00 – Edited Brief of SVU earnings conference call or presentation, 28-Jul-09 9:00am CT

Supervalu Inc. Q1 2010 Earnings Conference Call Transcript – 2009-07-28 – US$ 54.00 – Final Transcript of SVU earnings conference call or presentation, 28-Jul-09 9:00am CT

Supervalu Inc. Annual Meeting of Stockholders Transcript – 2009-06-25 – US$ 54.00 – Final Transcript of SVU shareholder or annual meeting, 25-Jun-09 10:00am CT

Supervalu Inc. at Barclays Capital Retail and Restaurant Conference Transcript – 2009-04-29 – US$ 54.00 – Final Transcript of SVU presentation, 29-Apr-09 9:30am ET

Supervalu Inc. Q4 2009 Earnings Conference Call Summary – 2009-04-23 – US$ 54.00 – Edited Brief of SVU earnings conference call or presentation, 23-Apr-09 9:00am CT

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MLA:
Thomson StreetEvents. "Supervalu Inc. at CanaccordAdams Global Growth Conference Transcript" Aug 13, 2009. Alacra Store. Sep 22, 2019. <http://www.alacrastore.com/thomson-streetevents-transcripts/Supervalu-Inc-at-CanaccordAdams-Global-Growth-Conference-T2358364>
  
APA:
Thomson StreetEvents. (2009). Supervalu Inc. at CanaccordAdams Global Growth Conference Transcript Aug 13, 2009. New York, NY: Alacra Store. Retrieved Sep 22, 2019 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Supervalu-Inc-at-CanaccordAdams-Global-Growth-Conference-T2358364>
  
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