date:Oct 21, 2013
Supervalu Inc's quarterly profit beat Wall Street estimates as the supermarket operator cut costs after selling a number of its underperforming chains earlier this year.
The company's second-quarter sales rose 0.2 percent to $3.95 billion, propped up by fees earned under transition agreements with Albertsons LLC and New Albertsons Inc. Sales at all its business units fell during the quarter, but Supervalu said the rate of decline at its discount stores and regional chains slowed.
The company,