Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $16,225
20%  
Woo hoo!! And we're now over 20%!! Thank you all very much!! God bless.

Keyword: dominicks

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  • Safeway Reports 4Q Loss of $1 Billion

    02/06/2003 6:40:35 PM PST · by PAR35 · 55 replies · 689+ views
    AP via Austin American-Statesman ^ | 2/6/03 | MICHAEL LIEDTKE
    SAN FRANCISCO (AP)--Slumping supermarket giant Safeway Inc. reported a fourth-quarter loss Thursday of $1.05 billion, reflecting the grocer's continuing headaches with two major acquisitions in Texas and Illinois. The loss of $2.37 per share for the October-December period contrasted with a profit of $353.6 million, or 70 cents per share, the previous year. Fourth-quarter sales totaled $10.01 billion, up from $9.93 billion a year earlier. Safeway absorbed $1.5 billion in fourth-quarter charges to account for troubles at two grocers, Houston-based Randall's and Chicago-based Dominick's, that it bought for a total of $2.5 billion during the late 1990s. {snip} Besides sustaining...