With the onset of the flu epidemic in the U.S., Jewel Osco,
the supermarket chain under
), has stocked almost 7,000 additional doses of the flu vaccine
in its pharmacies.
The vaccines are scheduled to be delivered from Tuesday, Jan
15. These additional vaccines will be supplied to 170 Jewel Osco
Traditional flu vaccines, needle-free FluMist nasal spray,
Fluzone and the Fluzone HD for patients aged 65 and above will be
available at Supervalu Pharmacies. The pharmacies will administer
these flu shots on a walk-in basis during regular working
The flu has reportedly attacked a month earlier than usual and
has spread across all except three states in the U.S.The states
which did not report widespread flu are California, Mississippi
Flu vaccinations, though not fully effective, are recommended
for everyone. Though there is no guarantee that the vaccine will
completely prevent the onset of flu, it has been found to be
effective 62% of the time. Since the swine flu epidemic in 2009,
vaccination rates have increased in the U.S.
Supervalu Pharmacies is spread over 800 locations in 25
states and operates under 10 retail brands, namely Acme Sav-on
Pharmacy, Albertsons Sav-on Pharmacy, Albertsons Osco Pharmacy,
Cub Pharmacy, Farm Fresh Pharmacy, Jewel-Osco Pharmacy, Shaw's
Osco Pharmacy, Shop 'n Save Pharmacy, Shop 'n Save Osco Pharmacy
and Shoppers Pharmacy.
Supervalu Pharmacies has been offering adult immunizations
since 2000. Apart from administering flu vaccines, Supervalu
pharmacy locations also provide immunizations for influenza,
pneumococcal disease, tetanus/diphtheria/pertussis, hepatitis A,
hepatitis B, cervical cancer, shingles and meningococcal
The retail chain also has travel vaccine clinics where
customers are immunized before traveling to other nations.
The vaccination program is expected to boost sales in the
current quarter, especially since it is strongly recommended by
the Center for Disease Control and Prevention (CDC).
Supervalu posted third quarter fiscal 2013 adjusted earnings
per share of 3 cents, lower than the Zacks Consensus Estimate of
6 cents and the comparable prior-year quarter earnings of 24
cents a share.
The lower-than-expected results were due to the disappointing
same store sales during the quarter and reduced discretionary
spending by consumers in the U.S. due to ongoing economic
Supervalu operates in a highly-competitive market where price
competition limits margin expansion. Additionally, labor unions
that have caused havoc at retail chains like
) can also be a headwind for Supervalu.
Supervalu currently has a Zacks Rank #4 (Sell).
SUPERVALU INC (SVU): Free Stock Analysis
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