NEW YORK () -- Shares of SUPERVALU ( - ) are down by 6.87% to $6.72 in mid-morning trading on Wednesday, following the release of the company's second quarter earnings results.
The Eden Prairie, MN-based wholesale retail distributor reported third quarter profits of $31 million, or 13 cents per share versus analysts' 14 cents per share expectations for the quarter.
Revenue for the period fell 0.5% year over year to $4.06 billion versus analysts' $4.12 billion guidance.
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