Add a New Bulls Reason

Company: Safeway (SWY)
Current price:
Headline: (100 character max)
6 votes

  Safeway Focusing on Cutting Costs, Lowering Prices in 2009

Safeway is intent on maintaining its cost leadership in fiscal 2009 though cost cuts and reductions in retail prices. Although the company plans to reduce capital expenditures by $400 million, it expects comparable sales growth to increase by 2-3%.[1] During a recession when consumers are looking to reduce their spending as much as possible, Safeway will be well positioned to gain market share and increase sales.

(100 character max) Cancel
3 votes

  Blackhawk Network should help Safeway's profit margin

Safeway subsidiary Blackhawk Network has seen rapid growth in its third party pre-paid gift cards, and with profitable products and relatively low labor costs, Blackhawk should help Safeway's profit margin in the upcoming years.

(100 character max) Cancel
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki