Safeway, Inc. (SWY) Tops Q3 EPS by 2c; Comps Up 0.1%; Reaffirms Outlook
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Safeway, Inc. (NYSE: SWY) reported Q3 EPS of $0.45, $0.02 better than the analyst estimate of $0.43. Revenue for the quarter came in at $10.05 billion versus the consensus estimate of $10.24 billion.
Safeway, Inc. reaffirmed FY2012 guidance.
Identical-store sales, excluding fuel, were 0.1% for the quarter, which were lower than anticipated primarily due to a larger than expected decline in price inflation, partly offset by continued improvement in volume.
For earnings history and earnings-related data on Safeway, Inc. (SWY) click here.
Safeway, Inc. reaffirmed FY2012 guidance.
Identical-store sales, excluding fuel, were 0.1% for the quarter, which were lower than anticipated primarily due to a larger than expected decline in price inflation, partly offset by continued improvement in volume.
For earnings history and earnings-related data on Safeway, Inc. (SWY) click here.
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