ADVFN - Advanced Financial Network.
HOME» NYSE » S » SWY Stock Price » SWY Stock News

Safeway Share News

 Safeway Inc. Stock Price
SWY Stock Price
 Safeway Inc. Stock Chart
SWY Stock Chart
 Safeway Inc. Stock News
SWY Stock News
 Safeway Inc. Company Information
SWY Company Information
 Safeway Inc. Stock Trades
SWY Stock Trades

United Natural Foods, Safeway Reach 3-Year Distribution Pact

DOW JONES NEWSWIRES United Natural Foods Inc. (UNFI) signed a three-year distribution pact with Safeway Inc. (SWY) under which it will provide nonproprietary organic, natural and specialty products to the supermarket operator starting in October. United Natural, which has continued to gain market share, expects the contract will boost its annual revenue by 4% in its fiscal year starting Aug. 1. The company expects to incur about $1.5 million to $2.5 million in start-up expenses related to the contract. It estimated that $500,000 to $1 million in costs will be posted for the fiscal fourth quarter ending July 30, with the remainder in the fiscal first quarter of next year. United Natural, which is the primary distributor to Whole Foods Market Inc. (WFM), in June reported that its fiscal third-quarter profit climbed 20% as revenue surged, benefiting from acquisitions last year. Safeway--which operates regional chains such as Vons, Randalls and Tom Thumb--saw earnings rise 3.2% in the second quarter as it benefited from cost cutting and as revenue rose 7.1%, mostly on higher fuel sales and a boost from Canadian exchange rates. Shares of United Natural and Safeway closed Friday at $44.52 and $20.93, respectively. Neither was active premarket. -By Tess Stynes, Dow Jones Newswires; 212-416-2481;

Stock News for Safeway (SWY)
01/28/201523:06:22How a Two-Tier Economy Is Reshaping the U.S. Marketplace
01/27/201516:48:17FTC Clears Safeway-Albertsons Merger -- Update
01/27/201513:54:36FTC Clears Safeway-Albertsons Merger
01/23/201518:20:20HCA to Replace Safeway in S&P 500 Index
12/19/201418:09:18Safeway, Albertsons Agree to Sell Stores to Gain Merger Antitrust...
10/15/201409:51:04U.S. Hot Stocks: Hot Stocks to Watch
08/14/201421:30:10Supervalu Investigating Potential Data Breach
07/25/201415:02:08Greenlight Notes Short Positions in Safeway, Lorillard -Reuters
07/13/201406:18:25MARKET SNAPSHOT: Tech, Bank Earnings To Test Economic Recovery
04/04/201411:12:42Blackstone Reaches $5.4 Billion Deal for Gates Global
03/17/201417:37:48Attorneys General Urge Major Retailers to Stop Selling Tobacco...
03/17/201416:00:51Major Retailers Urged to Stop Selling Tobacco Products
03/17/201415:31:14Attorneys General Urge Major Retailers to Stop Selling Tobacco...
03/17/201413:17:32Correction to Tobacco Products Story
03/17/201410:43:20Attorneys General Urge Major Retailers to Stop Selling Tobacco...
03/07/201416:53:55MARKET SNAPSHOT: Stocks End Mostly Higher; S&P 500 Notches Record
03/07/201415:03:30MARKET SNAPSHOT: U.S. Stocks Mostly Rise; Nasdaq Slips Into Red
03/06/201419:54:36Cerberus Agrees to Buy Safeway for $9 Billion
02/20/201416:54:51MARKET SNAPSHOT: Stocks Close Higher On Markit PMI, Deal Boost
02/20/201412:01:37MARKET SNAPSHOT: Stocks Rise, Shaking Off Weak Philly Fed Data

Safeway and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations