PLEASANTON, Calif. — The stock market took a “show me” attitude to Safeway's fourth-quarter financial results last week — driving the share price down in an apparent demonstration of dissatisfaction that the company's price investments have not shown up strongly enough on the top line, analysts told SN. While earnings were up 12.3% to $338 million for the fourth quarter, which ended Jan. 3, sales rose 3.4% to $13.8 billion for the 17-week quarter and comparable-store sales, excluding fuel, ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.