UPDATE 3-Supervalu results top Street, shares up 13 pct

* Q4 net loss 95 cents per share

* Adj EPS 87 cents excluding items; Wall St view 79 cents

* Sees fiscal 2010 adjusted EPS $2.50 to $2.65

* Shares jump more than 13 percent (Adds executive comments, byline, LOS ANGELES to dateline; updates share move)

By Lisa Baertlein and Nicole Maestri

LOS ANGELES/NEW YORK, April 23 (Reuters) - Supermarket operator Supervalu Inc (SVU.N: Quote, Profile, Research) posted a higher-than-expected quarterly profit before a string of charges on Thursday, sending its shares up 12.8 percent.

While the quarter was a "sloppy" one given the charges, Pali Research analyst Robert Summers said investors were braced for worse.

The operator of more than 2,400 Albertsons, Jewel-Osco, Shaw's and Save-A-Lot stores said closely watched identical-store sales fell 2 percent in the quarter as consumers continued to stretch their dollars by switching to lower-priced store branded items, clipping coupons and shopping around for the best deals.

Identical-store sales include results from outlets operating for four full quarters, including store expansions and excluding fuel sales.