US: Safeway profit plunges on tax charge
By: just-food.com | 28 April 2011
Safeway Inc has booked a 74% plunge in first-quarter net income, despite higher revenues, due to a non-recurring tax charge related to its plan to pay down debt.
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Safeway Inc has booked a 74% plunge in first-quarter net income, despite higher revenues, due to a non-recurring tax charge related to its plan to pay down debt.
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