(KR) Kroger Beats Expectations – Lifts Outlook
The Kroger Company (KR), one of the largest grocery retailers, recently posted better-than-expected third-quarter 2011 results, thereby prompting management to raise its fiscal 2011 earnings guidance....
View Article(KR) The Kroger Company – Bull of the Day
We upgraded our recommendation on The Kroger Company (KR) to Outperform following the company’s fourth-quarter 2011 results. The quarterly earnings of $0.50 per share beat the Zacks Consensus Estimate...
View Article(KR) The Kroger Company – Bull of the Day
We upgraded our recommendation on The Kroger Company (KR) to Outperform following the company’s fourth-quarter 2011 results. The quarterly earnings of $0.50 per share beat the Zacks Consensus Estimate...
View Article(SWY) Safeway Earnings Preview
Safeway (SWY), a leading food and drug retailer in North America, is scheduled to report its second quarter of fiscal 2012 results on Thursday, July 19 before the opening bell. The current Zacks...
View Article(SWY) Safeway Shares Reiterated at Neutral
We reiterate our Neutral recommendation on Safeway Inc. (SWY) with a target price of $16.00. We note that the retail environment is quite challenging and consumer spending on durable products has also...
View Article(SWY) Safeway Shares Reiterated at Neutral
We have reiterated our Neutral recommendation on Safeway Inc. (SWY) with a target price of $17.00. In the third quarter of fiscal 2012, the company reported a nominal 0.2% year-over-year decline in...
View Article(SWY) Safeway Posts Mixed Third Quarter
Safeway Inc. (SWY) reported net income from continuing operations of $108.0 million in the third quarter of 2012, much lower than $130.3 million in the year-ago quarter. However, the company’s earnings...
View Article(SVU) Supervalu Third Quarter 2013 Earnings Preview
Supervalu Inc. (SVU) is set to report third quarter 2013 results on January 10. Last quarter, it posted a –12% negative surprise. Let’s see how things are shaping up for this announcement. Growth...
View Article(SWY) Safeway Ticks Higher on Fourth Quarter Results
Shares of Safeway (SWY) touched a new 52-week high of $23.96 on Thursday, Feb 21, 2013, following the release of the fourth-quarter results. The 17.6% surge in company’s profit boosted market...
View Article(KR) Looking Toward Employment Numbers – Earnings Preview
The budget sequester has taken effect, but thankfully everything seems to be just fine. The fourth quarter earnings season is effectively in the books now, though it will still be couple of more weeks...
View Article(KR) Kroger Walks the Tight Rope
The Kroger Company (KR) stands tall amid nagging economic woes and an uneven recovery. We maintain our Neutral recommendation on this stock that has shown resilience over time. Why the Reiteration? We...
View Article(SWY) Safeway Upgraded to Outperform
On Mar 15, 2013, we upgraded Safeway Inc. (SWY) to Outperform following its robust results in the fourth quarter of 2012. With three consecutive positive earnings surprises and agreement among...
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