Exhibit 99.2
SUPERVALU INC. and Subsidiaries
SUPPLEMENTAL CONDENSED CONSOLIDATED SEGMENT FINANCIAL INFORMATION
Fiscal 2013 Quarterly Information
(Unaudited)
(In millions)
Fiscal Quarter Ended | Fiscal Year-To-Date Ended | |||||||||||||||||||||||||||
June 16, 2012 | September 8, 2012 | December 1, 2012 | February 23, 2013 | September 8, 2012 | December 1, 2012 | February 23, 2013 | ||||||||||||||||||||||
Net Sales | ||||||||||||||||||||||||||||
Retail Food | $ | 1,472 | $ | 1,086 | $ | 1,089 | $ | 1,089 | $ | 2,558 | $ | 3,647 | $ | 4,736 | ||||||||||||||
% of total | 28.1 | % | 27.6 | % | 26.9 | % | 28.0 | % | 27.9 | % | 27.6 | % | 27.7 | % | ||||||||||||||
Save-A-Lot | 1,287 | 973 | 966 | 969 | 2,260 | 3,226 | 4,195 | |||||||||||||||||||||
% of total | 24.6 | % | 24.8 | % | 23.9 | % | 24.9 | % | 24.7 | % | 24.4 | % | 24.5 | % | ||||||||||||||
Independent Business | 2,478 | 1,870 | 1,986 | 1,832 | 4,348 | 6,334 | 8,166 | |||||||||||||||||||||
% of total | 47.3 | % | 47.6 | % | 49.2 | % | 47.1 | % | 47.4 | % | 48.0 | % | 47.8 | % | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Total net sales | $ | 5,237 | $ | 3,929 | $ | 4,041 | $ | 3,890 | $ | 9,166 | $ | 13,207 | $ | 17,097 | ||||||||||||||
Operating earnings (loss) | ||||||||||||||||||||||||||||
Retail Food(1) | $ | 9 | $ | (5 | ) | $ | 17 | $ | (181 | ) | $ | 4 | $ | 21 | $ | (160 | ) | |||||||||||
% of sales | 0.6 | % | (0.5 | %) | 1.5 | % | (16.7 | %) | 0.1 | % | 0.6 | % | (3.4 | %) | ||||||||||||||
Save-A-Lot(2) | 59 | 17 | 27 | 40 | 76 | 103 | 143 | |||||||||||||||||||||
% of sales | 4.5 | % | 1.8 | % | 2.7 | % | 4.2 | % | 3.4 | % | 3.2 | % | 3.4 | % | ||||||||||||||
Independent Business(3) | 68 | 52 | 51 | 28 | 120 | 171 | 199 | |||||||||||||||||||||
% of sales | 2.7 | % | 2.8 | % | 2.6 | % | 1.5 | % | 2.8 | % | 2.7 | % | 2.4 | % | ||||||||||||||
Corporate(4) | (102 | ) | (76 | ) | (65 | ) | (96 | ) | (178 | ) | (243 | ) | (339 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Total operating earnings (loss) | $ | 34 | $ | (12 | ) | $ | 30 | $ | (209 | ) | $ | 22 | $ | 52 | $ | (157 | ) | |||||||||||
% of sales | 0.7 | % | (0.3 | %) | 0.7 | % | (5.4 | %) | 0.2 | % | 0.4 | % | (0.9 | %) |
(1) | Retail Food operating loss for the fiscal year-to-date ended February 23, 2013 includes non-cash property, plant and equipment impairment charges of $203 and severance costs of $9, partially offset by a cash settlement received from credit card companies of $10. |
(2) | Save-A-Lot operating earnings for the fiscal year-to-date ended February 23, 2013 includes $22 of charges for previously announced store closures and $13 of non-cash operating store impairments. |
(3) | Independent Business operating earnings for the fiscal year-to-date ended February 23, 2013 includes $6 of non-cash intangible asset impairments, $5 of non-cash operating distribution center impairments and $12 of severance costs. [JK1] |
(4) | Corporate operating loss for the fiscal year-to-date ended February 23, 2013 includes $15 of severance costs and $7 of non-cash asset impairment charges. |