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Stock Market & Financial Investment News

News Breaks
February 21, 2013
13:09 EDTSWY, KR, HTSI, TFMSupermarket stocks climb after Safeway's results beat expectations
A number of supermarket stocks are climbing after supermarket chain Safeway (SWY) reported fourth quarter earnings per share, or EPS, that surpassed analysts' consensus estimate by a wide margin. The company's revenue, meanwhile, came in slightly higher than expected. Safeway's same-store sales rose 0.8% compared with the fourth quarter of 2011. In the first eight weeks of the current quarter, the company's same-store sales will be up 2% if the current week ends as expected, Safeway's CEO said on the company's conference call. Safeway's operating profit margin, however, inched up just 0.1 percentage points in the fourth quarter. In early afternoon trading, Kroger (KR) rallied 4% to $29, Harris Teeter (HTSI) advanced 1.50% to $42, The Fresh Market (TFM) climbed 2% to $48.80, and Safeway rallied 13.50% to $23.
News For SWY;KR;HTSI;TFM From The Last 14 Days
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October 30, 2014
10:24 EDTKRKroger CEO says current expansion planned mostly for existing markets
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October 29, 2014
12:03 EDTKRKroger says long-term ent EPS growth rate guidance is 8%-11%
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12:03 EDTKRKroger confirms FY14 adjusted EPS $3.22-$3.28, consensus $3.29
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11:59 EDTKRKroger reconfirms FY14 guidance
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09:59 EDTSWYSafeway in talks to sell unit to Terramar for about $1B, Real Estate Alert says
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October 27, 2014
10:49 EDTKRKroger to hold investor conference
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10:47 EDTKRKroger to hold an investor dinner meeting
Investor Dinner Meeting to be held in Cincinnati on October 28 at 8 pm. Webcast Link

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