Easter Business Helps Safeway Triple Profits
- Share via
OAKLAND — Safeway Inc. reported a tripling of second-quarter profits today, reflecting improved gross margins and sales from the Easter shopping season.
The supermarket chain said net income jumped 206.5% to $23.6 million, or 25 cents a share, from $7.7 million, or 10 cents a share, in the comparable quarter of 1989.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
