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Supervalu CEO pleased with fourth-quarter results
Things are looking good for Supervalu, which reported fourth quarter fiscal 2014 net sales of $4 billion, up 1.4%, and net earnings of $26 million, or $0.10 per diluted share.
"Fiscal 2014 was an important transition year for Supervalu as we stabilized the organization and set the foundation for our future,” stated Sam Duncan, Supervalu president and CEO. “I am pleased with the direction of our business segments and look forward to the new fiscal year where we can focus our attention on driving sales growth across the organization.”
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Hurricane Grill & Wings to add 22 units in 2014-2015
West Palm Beach, Fla. -- Wing chain Hurricane Grill & Wings has signed five multi-unit development agreements, representing 22 new locations slated to open in 2014-2015.
The Florida-based franchised brand opened two locations in early 2014, with plans for a total of 14 new units by the end of this year.