Has Safeway (SWY) Turned Corner? Analyst Says No

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Go back to Has Safeway (SWY) Turned Corner? Analyst Says No

BofA/Merrill Lynch Upgrades SAFEWAY (SWY) to Neutral

February 25, 2013 7:30 AM EST

BofA/Merrill Lynch upgraded SAFEWAY (NYSE: SWY) from Underperform to Neutral.

For an analyst ratings summary and ratings history on SAFEWAY click here. For more ratings news on SAFEWAY click here.

Shares of SAFEWAY closed at $22.69 yesterday, with a 52 week range of $14.73-$23.96.... More

Safeway, Inc. (SWY) Tops Q4 EPS by 18c; Comps Up 0.8%

February 21, 2013 9:05 AM EST

Safeway, Inc. (NYSE: SWY) reported Q4 EPS of $0.94, $0.18 better than the analyst estimate of $0.76. Revenue for the quarter came in at $13.77 billion versus the consensus estimate of $13.7 billion.

Comps rose (excluding fuel) of 0.8%, which was negatively impacted by a calendar shift* of 0.3%... More