US grocery retailer and distributor, Supervalu, has backed its full-year earnings forecast and confirmed it will keep open its Tacoma, Washington facility to back business in the Northwest region.

The company said it expects earnings per share of about $2.75 to $2.90 for the financial year ending February 26, 2005. This includes a 50 cent per share gain from the sale of its stake in WinCo ad 3 cents from the early retirement of debt.