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Penny Stock DD

Financials:

Safeway Inc. (NYSE:SWY) generated the total revenue of $10.06 billion for the quarter ended September 10th, 2011 as compared to revenue of $9.39 billion for the same period last year. The company reported the net profit of $130.20 million or earnings of $0.41 per share for the respective quarter as compared to net income of $122.80 million or earnings of $0.36 per share last year.

The company’s total assets accumulate up to $14.51 billion out of which fixed assets have the highest proportion. The company maintains a short term liquidity position as per its current ratio of 0.87 times.

Read more……….

Regards,

Don

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Read more on Safeway, Lingui Development at Wikinvest

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