Safeway, Inc. (SWY) Reports In-Line Q1 EPS; Comps Up 1.5%

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Given Recent SAFEWAY (SWY) Strength Q1 Report Creates Concern

April 25, 2013 3:52 PM EDT

Deutsche Bank today maintained a Hold rating on SAFEWAY (NYSE: SWY) with a price target of $25.00. This morning Safeway, Inc. reported Q1 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $10 billion versus the consensus estimate of $10.14 billion.... More