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SUPERVALU Sales Down 2.2% in Fiscal 2016

Fourth quarter sales decreased 10 percent year-over-year.

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Departure from Rodney Hunt Fontaine product line to be reflected in fiscal 2016 earnings report.

Organic sales down 7 percent in first quarter.

Acquisition of Airgas "on track" for closing in second quarter.

Year-to-date sales down 12.2 percent year-over-year.

President Paul Donahue promoted to CEO.

Profit decreases 5.7 percent for the quarter.

Organic sales down 3 percent in first quarter.

Industrial segment sales fell 3 percent for the diversified manufacturer.

Electrical & electronic solutions sales increased 14.8 percent year-over-year.