The grocery store chain operator said profit for the fiscal third quarter ended December 1 was $141 million, or 66 cents a share, compared with $113 million, or 54 cents a share, a year earlier.
CHICAGO (Reuters) - Supervalu Inc <SVU.N> posted higher quarterly profit on Tuesday, helped by lower employee-related costs and other expenses, but said consumer spending would continue to be pressured by inflation.
The grocery store chain operator said profit for the fiscal third quarter ended December 1 was $141 million, or 66 cents a share, compared with $113 million, or 54 cents a share, a year earlier.
(Reporting by Brad Dorfman; Editing by John Wallace)