Home Be Careful Betting On More Upside At Supervalu
 

Keywords :   


Be Careful Betting On More Upside At Supervalu

2015-01-07 12:12:02| Food - Topix.net

Grocery store chain Supervalu has been enjoying better sales momentum in the current fiscal year, helped by solid comparable store sales growth at its Sav-A-Lot unit. With a forward P/E multiple of roughly 15, Supervalu seems to be richly priced for its profit growth prospects and investors should probably avoid the story.

Tags: careful betting upside supervalu

Category:Food and Related Products

Latest from this category

All news

»
03.06Eastern North Pacific Tropical Weather Outlook
03.06Eastern North Pacific Tropical Weather Outlook
03.06Atlantic Tropical Weather Outlook
03.06Shein set to file for 50bn London listing - reports
03.06Sony Pictures Networks extends distribution deal with Intelsat
03.06India's SVOD market to generate $2.1 billion in 2028
03.06MEASAT supports SPOTV Asia Pacific playout operations
03.06Eastern North Pacific Tropical Weather Outlook
More »