Roundy’s Inc. announced its stock has been added to the Russell 2000 Index, a subset of the Russell Global Index.
The Russell 2000 Index provides a comprehensive and unbiased barometer for evaluating small-cap stocks performance in the U.S. equity market.
“We are pleased with our inclusion in the Russell 2000 Index,” said Robert Mariano, Roundy’s chairman, president and chief executive officer. “We expect our addition to the Russell 2000 Index will increase our visibility within the investment community and enhance shareholder value.”
Initial Public Offerings are added to the Russell Indexes on a quarterly basis.
Milwaukee-based Roundy’s operates 159 retail grocery stores and 99 pharmacies under the Pick ’n Save, Rainbow, Copps, Metro Market and Mariano’s Fresh Market retail banners in Wisconsin, Minnesota and Illinois.