Albertsons 2008 Annual Report Download - page 110

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UNAUDITED QUARTERLY FINANCIAL INFORMATION
(In millions, except per share data)
Unaudited quarterly financial information for SUPERVALU INC. and subsidiaries is as follows:
2008
First
(16 wks)
Second
(12 wks)
Third
(12 wks)
Fourth
(12 wks)
Fiscal
Year
(52 wks)
Net sales $13,292 $10,159 $10,211 $10,386 $44,048
Gross profit $ 3,083 $ 2,333 $ 2,270 $ 2,419 $10,105
Net earnings $ 148 $ 148 $ 141 $ 156 $ 593
Net earnings per share—diluted (1) $ 0.69 $ 0.69 $ 0.66 $ 0.73 $ 2.76
Dividends declared per share $0.1650 $0.1700 $0.1700 $0.1700 $0.6750
Weighted average shares—diluted 216 216 214 213 215
2007
First
(16 wks) (2)
Second
(12 wks) (2)
Third
(12 wks)
Fourth
(12 wks)
Fiscal
Year
(52 wks)
Net sales $ 5,783 $10,666 $10,657 $10,300 $37,406
Gross profit $ 815 $ 2,461 $ 2,438 $ 2,425 $ 8,139
Net earnings $ 87 $ 132 $ 113 $ 120 $ 452
Net earnings per share—diluted (1) $ 0.57 $ 0.61 $ 0.54 $ 0.57 $ 2.32
Dividends declared per share $0.1625 $0.1650 $0.1650 $0.1650 $0.6575
Weighted average shares—diluted 156 220 209 211 196
(1) The sum of the quarterly Net earnings per share—diluted amounts does not equal the fiscal year amount due
to rounding.
(2) On June 2, 2006, the Company acquired New Albertsons. No operating results of New Albertsons are
included in the first quarter financial information for the period from June 2, 2006 through June 17, 2006.
These operating results are included in the second quarter financial information.
F-44