Bulls REASONS TO BUY
Bears REASONS TO SELL
March 07, 2014
(Stock Blog Hub, 4/4/13)
On Mar 15, 2013, we upgraded Safeway Inc. (SWY) to Outperform following its robust results in the fourth quarter of 2012. With three consecutive positive earnings surprises and agreement...(read more)
(Stock Blog Hub, 2/25/13)
Shares of Safeway (SWY) touched a new 52-week high of $23.96 on Thursday, Feb 21, 2013, following the release of the fourth-quarter results. The 17.6% surge in company’s...(read more)
(Jutia Group, 2/20/13)
From a technical analysis standpoint, the chart of Safeway (NYSE: SWY) excites me. First, shares of the second-largest U.S. grocery-store chain have just broken a major downtrend...(read more)
Safeway (SWY) Company Overview
Safeway (NYSE:SWY) is the third largest operator of traditional supermarkets in the United States and fourth largest food retailer after Wal-Mart (WMT), Kroger Company (KR), and SuperValu (SVU). Safeway sells food and other consumer products in 1,725 supermarkets under nine store brand names, including Safeway, Von's, Randalls, and Dominick's. The stores are predominantly located in the western United States, Texas, Chicago, and the mid-Atlantic region. Additionally, the company has a 49% stake in Casa Ley, a 137-store market chain in western Mexico.
Safeway has placed a strong emphasis on its wholly owned subsidiary, Blackhawk Network, the industry leader in pre-paid third party gift cards. Through a network of 80,000 retail stores in the US, Canada, and the UK, Blackhawk Network sells gift cards for over 350 partner brands and charges 3-5% of the value of the gift card for commission.(Read more at Wikinvest )
What's in this SWY analysis on Wikinvest...