business news in context, analysis with attitude

  • Supervalu reported first quarter net sales of $6.0 billion compared to $5.9 billion during the same period last year, and first quarter net earnings of $91.2 million compared to $149.4 million a year ago.

  • Kraft Foods posted second quarter profit of $472 million, compared with $698 million a year earlier. Revenue rose three percent to $8.33 billion.

KC's View: