SuperValu was founded in 1870 and is headquartered in Eden Prairie, US

President and Chief Executive Officer

Executive Vice President, Chief Strategy Officer

Executive Vice President, Professional Services, and Chief Information Officer

Executive Vice President, Corporate Development, and Chief Innovation Officer

Executive Vice President, Chief Financial Officer & Chief Operating Officer

Executive Vice President, General Counsel, Corporate Secretary

Executive Vice President and President, Wholesale and Supply Chain Services

SuperValu has offices in Eden Prairie, Virginia Beach, Alexandria, Hyattsville and in 57 other locations

Eden Prairie, US (HQ)

7075 Flying Cloud Dr

SuperValu's revenue was reported to be $12.5 b in FY, 2017 which is a **29% decrease** from the previous period.

USD

## Revenue (FY, 2017) | 12.5 b |

## Revenue growth (FY, 2016 - FY, 2017), % | (29%) |

## Gross profit (FY, 2017) | 1.8 b |

## Gross profit margin (FY, 2017), % | 14% |

## EBIT (FY, 2017) | 183 m |

## Market capitalization (17-Aug-2017) | 122.7 m |

## Cash (25-Feb-2017) | 332 m |

## EV | 1.1 b |

SuperValu's current market capitalization is $122.7 m.

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Revenue | 17.2 b | 17.8 b | 17.5 b | 12.5 b |

## Revenue growth, % | 4% | (2%) | (29%) | |

## Cost of goods sold | 14.6 b | 15.2 b | 14.9 b | 10.7 b |

## Gross profit | 2.5 b | 2.6 b | 2.6 b | 1.8 b |

## Gross profit Margin, % | 15% | 14% | 15% | 14% |

## General and administrative expense | 2.1 b | 2.2 b | 2.1 b | 1.6 b |

## Operating expense total | 2.1 b | 2.2 b | 2.1 b | 1.6 b |

## EBIT | 423 m | 424 m | 454 m | 183 m |

## EBIT margin, % | 2% | 2% | 3% | 1% |

## Interest expense | 407 m | 243 m | 196 m | 181 m |

## Pre tax profit | 18 m | 185 m | 263 m | |

## Income tax expense | 5 m | 58 m | 85 m | (20 m) |

## Net Income | 182 m | 199 m | 186 m |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 5.2 b | 4 b | 4.2 b | 5.4 b | 4.1 b | 4.1 b | 5.2 b | 3.9 b | 3 b |

## Cost of goods sold | 4.5 b | 3.4 b | 3.6 b | 4.6 b | 3.5 b | 3.5 b | 4.4 b | 3.3 b | 2.6 b |

## Gross profit | 752 m | 572 m | 593 m | 810 m | 583 m | 601 m | 779 m | 562 m | 407 m |

## Gross profit Margin, % | 14% | 14% | 14% | 15% | 14% | 15% | 15% | 15% | 14% |

## General and administrative expense | 617 m | 478 m | 537 m | 652 m | 489 m | 494 m | 646 m | 474 m | 391 m |

## Operating expense total | 617 m | 478 m | 537 m | 652 m | 489 m | 494 m | 646 m | 474 m | 391 m |

## EBIT | 135 m | 94 m | 56 m | 158 m | 94 m | 101 m | 133 m | 88 m | 1 m |

## EBIT margin, % | 3% | 2% | 1% | 3% | 2% | 2% | 3% | 2% | 0% |

## Interest expense | 64 m | 46 m | 46 m | 59 m | 44 m | 45 m | 60 m | 41 m | 40 m |

## Income tax expense | 24 m | 18 m | (1 m) | 38 m | 19 m | 22 m | 27 m | 18 m | (27 m) |

- Source: SEC Filings

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Cash | 83 m | 114 m | 57 m | 332 m |

## Accounts Receivable | 67.8 m | |||

## Inventories | 1.6 m | 53.1 m | 764 m | |

## Current Assets | 1.5 b | 1.7 b | 1.6 b | 1.5 b |

## PP&E | 1.5 b | 1.5 b | 1.5 b | 1 b |

## Goodwill | 847 m | 865 m | 867 m | 710 m |

## Total Assets | 4.4 b | 4.5 b | 4.4 b | 3.6 b |

## Accounts Payable | 1 b | 1.1 b | 1.1 b | 881 m |

## Total Debt | 2.5 b | 2.5 b | 2.2 b | 1.3 b |

## Current Liabilities | 1.5 b | 1.5 b | 1.6 b | 1.2 b |

## Additional Paid-in Capital | 2.9 b | 2.8 b | 2.8 b | 2.8 b |

## Retained Earnings | (3.2 b) | (3 b) | (2.8 b) | (2.2 b) |

## Total Equity | (738 m) | (636 m) | (433 m) | 383 m |

## Debt to Equity Ratio | -3.4 x | -3.9 x | -5.1 x | 3.3 x |

## Debt to Assets Ratio | 0.6 x | 0.6 x | 0.5 x | 0.4 x |

## Financial Leverage | -5.9 x | -7.1 x | -10.1 x | 9.3 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 90 m | 88 m | 418 m | 137 m | 247 m | 134 m | 59 m | 57 m | 47 m |

## Inventories | 916 m | 993 m | 1.1 b | 1 b | 1 b | 1.2 b | 1.1 b | 1.1 b | 895 m |

## Current Assets | 1.6 b | 1.7 b | 2.2 b | 1.7 b | 1.8 b | 1.9 b | 1.7 b | 1.7 b | 1.9 b |

## PP&E | 1.4 b | 1.5 b | 1.5 b | 1.4 b | 1.4 b | 1.5 b | 1.5 b | 1.4 b | 1 b |

## Goodwill | 847 m | 862 m | 865 m | 865 m | 865 m | 867 m | 868 m | 868 m | 710 m |

## Total Assets | 4.4 b | 4.5 b | 5.1 b | 4.5 b | 4.6 b | 4.6 b | 4.4 b | 4.4 b | 4.5 b |

## Accounts Payable | 1.1 b | 1.2 b | 1.2 b | 1.1 b | 1.2 b | 1.2 b | 1.1 b | 1.2 b | 924 m |

## Current Liabilities | 1.5 b | 1.6 b | 2 b | 1.8 b | 1.9 b | 1.8 b | 1.5 b | 1.5 b | 2.6 b |

## Additional Paid-in Capital | 2.8 b | 2.8 b | 2.8 b | 2.8 b | 2.8 b | 2.8 b | 2.8 b | 2.8 b | 2.8 b |

## Retained Earnings | (3.2 b) | (3.1 b) | (3 b) | (2.9 b) | (2.9 b) | (2.9 b) | (2.8 b) | (2.7 b) | (2.8 b) |

## Total Equity | (682 m) | (634 m) | |||||||

## Financial Leverage | -6.4 x | -7.1 x |

USD | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | FY, 2017^{} |
---|---|---|---|---|

## Net Income | 182 m | 199 m | 186 m | |

## Depreciation and Amortization | 302 m | 285 m | 276 m | 207 m |

## Accounts Receivable | 5.1 m | |||

## Inventories | 2 m | (124 m) | (52 m) | (18 m) |

## Accounts Payable | (3.4 m) | (692 k) | 15 m | |

## Cash From Operating Activities | 19 m | 408 m | 424 m | 361 m |

## Purchases of PP&E | (111 m) | (239 m) | (261 m) | (182 m) |

## Capital Expenditures | (111 m) | (239 m) | (261 m) | |

## Cash From Investing Activities | 49 m | (285 m) | (288 m) | 1 b |

## Cash From Financing Activities | (134 m) | (92 m) | (193 m) | (1.1 b) |

## Interest Paid | 227 m | 180 m | 176 m | 156 m |

## Income Taxes Paid | 118 m | (7 m) | 91 m | (23 m) |

## Free Cash Flow | (92 m) | 169 m | 163 m |

USD | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|

## Accounts Payable | 1.1 b | 1.2 b | 1.2 b | 1.1 b | 1.2 b | 924 m |

USD | Y, 2017 |
---|---|

## EV/EBIT | 5.8 x |

## EV/CFO | 2.9 x |

## Revenue/Employee | 356.6 k |

## Debt/Equity | 3.3 x |

## Debt/Assets | 0.4 x |

## Financial Leverage | 9.3 x |

October 17, 2016

The deal is expected to close by Jan. 31.

July 27, 2016

* Q1 save-a-lot net sales were $1.43 billion, compared to
$1.41 billion last year,

July 14, 2016

* Supervalu looks to expand wholesale business with
acquisition of 22 food lion stores in West Virginia, Maryland,
Pennsylvania and Virginia