SuperValu Inc. (SVU)

Q3 2011 Earnings Call

January 11, 2011 10:00 am ET


Craig Herkert – President, Chief Executive Officer

Sherry Smith – Executive Vice President, Chief Financial Officer

Kenneth Levy – Vice President, Investor Relations


Mark Wiltamuth – Morgan Stanley

Edward Kelly – Credit Suisse

Scott Mushkin – Jefferies & Company

John Hachenbacher – Guggenheim

Deborah Weinswig – Citigroup

Neill Currie – UBS

Karen Short – BMO Capital Markets

Ajay Jain – Hapoalim Securities



Good morning. My name is Latasha and I will be your conference operator today. At this time, I would like to welcome everyone to the SuperValu Third Quarter Earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, one on your telephone keypad. If you would like to withdraw your question, please press the pound key. Thank you.

I will now turn the call over to Mr. Ken Levy, Vice President of Investor Relations at SuperValu. Sir, you may begin your conference.

Kenneth Levy

Thank you, Latasha. I want to welcome everyone to SuperValu’s Third Quarter 2011 Earnings conference call. Joining me on today’s call are Craig Herkert, Chief Executive Officer and President, and Sherry Smith, Executive Vice President and Chief Financial Officer. Following prepared remarks, we will open up the call for questions. I would ask that you limit yourself to one question and one follow-up so that we can accommodate as many people as possible.

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