Albertsons 2002 Annual Report Download - page 2

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Fiscal Year Ended (In thousands except per share data) February 23, 2002 February 24, 2001 February 26, 2000
Net sales $20,908,522 $23,194,279 $20,339,079
Pre tax income 343,703 154,357 447,454
Pre tax income (before restructure and other items) 402,503 394,486 387,388
Restructure and other items (58,800) (240,129) 60,066
Net earnings 205,535 81,965 242,941
Net earnings (before restructure and other items) 240,697 235,902 231,996
Diluted earnings per share 1.53 0.62 1.87
Diluted earnings per share (before restructure
and other items) 1.80 1.78 1.78
Dividends declared per share 0.5575 0.5475 0.5375
Closing stock price 24.59 14.06 16.44
Other Statistics:
Total assets $ 5,824,782 $ 6,359,980 $ 6,495,353
EBITDA (before restructure and other items) 916,027 921,563 799,842
EBITDA as % of net sales
(before restructure and other items) 4.4% 4.0% 3.9%
Weighted average shares outstanding diluted 133,978 132,829 130,090
See Notes to the Five Year Financial and Operating Summary on page 36 for explanation of restructure and other items impacting fiscal 2002, 2001 and 2000.
Financial Highlights
Corporate Profile Headquartered in Minneapolis, Minnesota,
SUPERVALU is one of the largest companies in the U.S.
grocery channel, generating annual revenues in excess of $20
billion. Integral to the nation’s food supply chain, SUPERVALU
operates successfully at the center of two complementary
businesses – grocery retailing and logistics services of food
and other highly consumable goods.
SUPERVALU’s retail operations are comprised of 1,260 retail
locations in 39 states. SUPERVALU is one of the largest and
most successful operators within the growing price impact
grocery niche – holding the nation’s number one position
within extreme value grocery retail. An efficient multi-tier
logistics network across a diverse geography, SUPERVALU
provides logistics services to thousands of additional cus-
tomer locations providing a broad array of product, support
services and third party logistics solutions to retailers.
SUPERVALU is committed to excellent customer service,
strong community involvement and enhanced shareholder
value. SUPERVALU’s 57,800 employees are dedicated to
providing the highest customer service across our network
of facilities, offices and retail locations every day.
00 01 02
$20.3 $23.2 $20.9
Net Sales (in billions)
00 01 02
$232.0* $235.9* $240.7*
$242.9
$82.0
$205.5
Net Earnings (in millions)
00 01 02
$799.8* $921.6* $916.0*
$859.9
$689.0
$857.2
EBITDA (in millions)
00 01 02
$1.78* $1.78* $1.80*
$1.87
$0.62
$1.53
Earnings Per Share
*Before restructure and other items*Before restructure and other items *Before restructure and other items