Safeway Inc.
News and overview for Safeway Inc.
Safeway posts lower quarterly profit, keeps view - MarketWatch
MarketWatch | 38 days 14 hours 10 minutes ago
Net income was $128.8 million, or 31 cents a share, compared to net income of $199.7 million, or 46 cents a share, in the year-earlier period. Sales fell 7% to $9.46 billion.
Safeway net income drops 36% - MarketWatch
MarketWatch | 38 days 14 hours 43 minutes ago
SWY
Safeway Inc. Announces Third Quarter 2009 Earnings [Press Release]
Business Wire | 38 days 15 hours ago
Safeway Inc. (NYSE:SWY):
Safeway Foundation Grants $1 Million to Empower Children and Adults with Disabilities Through Easter Seals [Press Release]
PRNewswire | 26 days 13 hours ago
...The generosity of thousands of Safeway customers and employees is overwhelming...million for Easter Seals and helped Safeway exceed the $100 million mark in...corporate partners to do so." Safeway Inc. is a Fortune 50 company and one...
Safeway 3Q profit drops 35 percent on slow sales
Richmond Times-Dispatch (Va.) | 38 days 7 hours 24 minutes ago
PORTLAND, Ore. (AP) -- Safeway Inc. said Thursday that falling prices and frugal shoppers drove its third-quarter profit down 35 percent.
Fitch Affirms Safeway's IDR at 'BBB'; Outlook Stable [Press Release]
Business Wire | 24 days 12 hours 40 minutes ago
Fitch Ratings has affirmed its ratings on Safeway Inc. (Safeway) as follows:
Safeway to report third-quarter results on Thursday, shopper restraint likely to be evident
Sun (Baltimore), The | 40 days 7 hours 26 minutes ago
Grocery chain Safeway Inc. reports its third-quarter results on Thursday. The following is a summary of key developments related to the period.
Earnings Preview: Safeway to report 3Q Thursday
Yahoo! | 40 days 7 hours 12 minutes ago
PORTLAND, Ore. – Grocery chain Safeway Inc. reports its third-quarter results on Thursday. The following is a summary of key developments related to the period.
Trading on deflation: Supermarket stocks tick up - MarketWatch
MarketWatch | 38 days 5 hours 53 minutes ago
It's being called the "re-flation" trade in the grocery sector. Whether or not supermarket stocks continue their upward flight will in many ways depend on deflation trends.
Safeway posts 35 percent lower 3Q profit because of lower prices, sluggish sales
Sun (Baltimore), The | 38 days 13 hours 29 minutes ago
Safeway Inc.'s its third-quarter profit fell 35 percent because of price-cutting and lower sales at its grocery stores.
Safeway's 3Q profit falls
Honolulu Advertiser, The | 37 days 15 hours 50 minutes ago
PORTLAND, Ore. Safeway Inc. said yesterday that falling prices and frugal shoppers drove its third-quarter profit down 35 percent.
Safeway profits drop 35% in third quarter :: CHICAGO SUN-TIMES :: Business
Chicago Sun-Times | 38 days 13 hours 16 minutes ago
I want to start creating my ad right away.
Fitch: Increased Stability Expected in 2010 for U.S. Retail due to Improved Cash Flow & Liquidity [Press Release]
Business Wire | 4 days 14 hours 43 minutes ago
Fitch Ratings expects increased stability in ratings for U.S. retailers and a long-term stable outlook for the sector in 2010. Some Negative Rating Outlooks may migrate to Stable if sales trends stabilize, margins improve on better inventory positions and cash flow generation and liquidity remain adequate. A few Negative Outlooks have been revised to Stable in recent months with 10 companies or 37% of U.S. retailers under coverage having Negative Rating Outlooks compared to 12 companies or 44...
Supermarket chains downgraded ahead of earnings - MarketWatch
MarketWatch | 40 days 10 hours 52 minutes ago
Pali Capital downgraded Supervalu and A&P parent Greater Atlantic & Pacific Tea Co. to sell, while Jefferies & Co. cut its estimates for identical-store sales and earnings for Safeway, Supervalu, Winn-Dixie Stores and Spartan Stores.
Retail Patriots Honored for Supporting the Troops [Press Release]
PRNewswire | 27 days 9 hours 25 minutes ago
...Hy-Vee, Nash Finch, Safeway and Tops Markets shine when...Markets, Buffalo, N.Y.; Safeway Inc., Pleasanton, Calif.; Hy-Vee, Inc., Des Moines, Iowa; and...the award for Tops. -- Safeway's Vons Foundation has given...
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Company Overview
| Company: | Safeway Inc. |
|---|---|
| Industry: | Grocery Retail |
| Website: | http://www.safeway.com |
For many Americans, "going to Safeway" is synonymous with "going to the grocery store." Safeway is one of North America's largest food retailers, with some 1,740 stores located mostly in the western, midwestern, and mid-Atlantic regions of the US, as well as western Canada. It also operates regional supermarket companies, including The Vons Companies (primarily in Southern California), Dominick's Finer Foods (Chicago), Carr-Gottstein Foods (Alaska's largest retailer), Genuardi's Family Markets (eastern US), and Randall's Food Markets (Texas). Safeway owns grocery e-retailer GroceryWorks.com. Outside the US, Safeway owns 49% of Casa Ley, which operates about 145 food and variety stores in western Mexico.
Key Numbers
| Sales in U.S. Dollars (mil.) | 44,104 (2008) |
|---|---|
| One-year % Growth in Sales | 4.3 (2008) |
| Net Income in U.S. Dollars (mil.) | 965.3 (2008) |
| One-year % Growth in Net Income | 8.7 (2008) |
| Number of Employees | 197,000 (2008) |
| One-year % Growth in Number of Employees | -2.0 (2008) |
| Fiscal Year-End | December |