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Town Square

Safeway's 2nd quarter profit dips but revenue jumps to $10.4 billion

Original post made on Jul 31, 2012

Pleasanton-based Safeway Inc. has reported second-quarter profit fell to $121.7 million for the second quarter of 2012 compared to $146.0 million in the same quarter a year ago.

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Posted by Retired
a resident of Downtown
on Jul 31, 2012 at 2:13 pm

Safeway DID NOT POST A LOSS. They made less profit this quaeter than the prior quarter that is NOT A LOSS. Whoever wrote this doesn't know how to read or understand financials and I definately would take any financial advice from them!!!!! I hope they have a financial planner for their retirement because if they are doing their own financial planning heaven helop them!