PLEASANTON, Calif. — Safeway here said it expects financial results to strengthen during the second half of the year, despite disappointing results for the first quarter and a prediction of similar numbers for the second quarter.
Speaking with analysts Thursday, two weeks before his retirement, Steve Burd, chairman and chief executive officer, said earnings for the quarter that ended March 23 got a boost from a tax benefit that was larger than the company had anticipated, with net ...
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