Safeway (SWY)

Add a New Bulls Reason Company: Safeway (SWY) Current price: Headline: (100 character max) Analysis: Cancel 66% agree 3 votes edit Safeway Focusing on Cutting Costs, Lowering Prices in 2009 Created when NYSE:SWY was $23.70 | Edit | History 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 50% agree 2 votes edit Blackhawk Network should help Safeway's profit margin Top Contributor: Kryssia Uraguchi | Created when NYSE:SWY was $35.35 | Edit | History 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

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