Supervalu FY Results Grow

Supervalu reports net sales of $37.4 billion for the 2006 fiscal year, compared to $19.9 billion for fiscal year 2005. Net earnings in 2006 grew to $452 million, up from $206 million in 2005. For the fourth quarter, the company reports net sales of $10.3 billion compared to $4.6 billion in the same quarter of 2005. The increases are attributed to the acquisition of the Albertson retail stores in 2006.