Last $34.78 USD
Change Today +0.08 / 0.23%
Volume 1.9M
SWY On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 10/30/14 All times are local (Market data is delayed by at least 15 minutes).

safeway inc (SWY) Snapshot

Open
$34.70
Previous Close
$34.70
Day High
$34.79
Day Low
$34.69
52 Week High
03/6/14 - $36.03
52 Week Low
02/3/14 - $26.69
Market Cap
8.0B
Average Volume 10 Days
1.6M
EPS TTM
$0.56
Shares Outstanding
230.5M
EX-Date
09/16/14
P/E TM
62.2x
Dividend
$0.92
Dividend Yield
2.47%
Current Stock Chart for SAFEWAY INC (SWY)

safeway inc (SWY) Details

Safeway Inc. operates as a food and drug retailer in the United States. The company’s stores offers a selection of food and general merchandise; and features various specialty departments, such as bakery, delicatessen, floral, seafood, and pharmacy, as well as Starbucks coffee shops, and adjacent fuel centers. It also owns and operates online grocery channels, including Safeway.com and Vons.com; manufactures and processes private-label merchandise; and gift cards, prepaid telecom products, and prepaid financial service products. The company sells its products under the various trademarks, such as Safeway, Safeway SELECT, Rancher’s Reserve, O Organics, Lucerne, Primo Taglio, Eating Right, mom to mom, waterfront BISTRO, Bright Green, Pantry Essentials, Marcela Valladolid, Open Nature, Refreshe, Snack Artist, Signature Café, Priority, just for U, My Simple Nutrition, and Ingredients for Life, as well as other trademarks comprising Vons, Pavilions, Randalls, Tom Thumb, and Carrs Quality Centers. It operates 1,332 stores. The company was formerly known as Safeway Stores, Incorporated and changed its name to Safeway Inc. in February 1990. Safeway Inc. was founded in 1926 and is based in Pleasanton, California.

138,000 Employees
Last Reported Date: 02/26/14
Founded in 1926

safeway inc (SWY) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $839.6K
Executive Vice President and President of Saf...
Total Annual Compensation: $819.8K
Chief Marketing Officer and Executive Vice Pr...
Total Annual Compensation: $728.4K
Executive Vice President of Retail Operations
Total Annual Compensation: $652.2K
Compensation as of Fiscal Year 2013.

safeway inc (SWY) Key Developments

Safeway ReportedlyIn Talks To Sell Unit To Terramar

Safeway Inc. (NYSE:SWY) is in talks to sell its grocery-anchored shopping center to Terramar Retail Centers, LLC. , according to Real Estate Alert.

Safeway Inc. Enters into a Supplemental Indenture to Amend the Change of Control Provision

On October 6, 2014, after receiving the required majority consent from holders of $80.0 million of 3.4% Senior Notes due December 1, 2016, Safeway Inc. entered into a supplemental indenture to amend the change of control provision relating to these notes to remove the requirement to offer to repurchase the notes at $1,010 per $1,000 aggregate principal amount of notes, plus accrued and unpaid interest, in connection with the change of control resulting from the proposed acquisition of Safeway by Albertsons Holdings LLC. On October 9, 2014, after receiving the required majority consent from holders of $100.0 million of 6.35% Senior Notes due August 15, 2017, Safeway entered into a supplemental indenture to amend the change of control provision relating to these notes to remove the Repurchase Requirement. Following the Merger, the 2016 Notes and 2017 Notes and any of the $500.0 million of 5.00% Senior Notes due August 15, 2019 (2019 Notes) that remain outstanding will be secured by substantially all of the assets of Albertsons and Safeway and their respective subsidiaries on a pari passu basis with the new senior secured notes due 2022 that will be issued by Albertsons as part of the financing for the Merger (Albertsons Notes), and will be guaranteed, on the same basis as the Albertsons Notes, by Albertsons and Safeway and their respective subsidiaries. Following the Merger, other series of Safeway's senior notes and debentures (the 3.95% Senior Notes due 2020, the 4.75% Senior Notes due 2021, the 7.45% Senior Debentures due 2027 and the 7.25% Senior Debentures due 2031) that remain outstanding will become equally and ratably secured by certain assets of Safeway and its subsidiaries on a pari passu basis with the 2016 Notes, 2017 Notes, 2019 Notes and Albertsons Notes, but will not be secured by the other assets of Safeway and Albertsons and their subsidiaries that will secure the 2016 Notes, 2017 Notes, 2019 Notes and Albertsons Notes.

Safeway Inc. Announces Receipt of Requisite Consents for its Senior Notes Due 2017

Safeway Inc. announced the results of its consent solicitation from holders of its 6.35% Senior Notes due 2017 with respect to a proposed amendment. Pursuant to the terms of the Consent Solicitation Statement dated September 22, 2014, as amended by the supplement dated October 6, 2014, the Consent Solicitation with respect to the 2017 Notes expired on October 8, 2014. Safeway received the requisite consents from holders of a majority in outstanding principal amount of the 2017 Notes. As a result, Safeway executed a supplemental indenture effecting the proposed amendment with respect to the 2017 Notes that removed Safeway's obligation to offer to repurchase the 2017 Notes in connection with its proposed merger with Albertsons. The consent fee of $5.00 in cash per $1,000 principal amount of the 2017 Notes will be paid to the consenting holders of such notes on or before October 10, 2014.

 

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SWY Competitors

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Industry Analysis

SWY

Industry Average

Valuation SWY Industry Range
Price/Earnings 100.0x
Price/Sales 0.2x
Price/Book 1.4x
Price/Cash Flow 2.4x
TEV/Sales 0.1x
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