On the money: Safeway "over-optimistic about inflation"

By: Petah Marian | 23 July 2010

Safeway Inc has had to cut its earnings guidance for the full year, following the release of its second-quarter results, which revealed a 40% drop in profit.

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Safeway Inc has had to cut its earnings guidance for the full year, following the release of its second-quarter results, which revealed a 40% drop in profit.

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