This transaction provides an outstanding opportunity for Safeway to continue on its growth path, while allowing us to enter the Chicago market for the first time,
More Quotes from Steve Burd:
Taking into account the timing of the New Year's and Easter holidays, our identical-store sales increase of 1.5 is consistent with our guidance of 3 for the year. We also produced double-digit earnings growth while absorbing a number of significant cost increases.Steve Burd
We use this technique more than some others we compete with and frankly, we think we use it to our competitive advantage, ... The fact that we are the only ones doing buyouts in Northern California, well frankly, we like that.
Steve Burd
Our identical-store sales are the strongest they have been in over four years, ... We gained U.S. market share and our capital investments and lifestyle stores continue to exceed expectations.
Steve Burd
The increased authorization of our stock repurchase program reflects the board's continued high level of confidence in the growth prospects of the company, ... Current market conditions provide an excellent opportunity for us to buy back our shares.
Steve Burd
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