Seeking Alpha

Grocery store stocks higher after Safeway draws P-E notice

  • The intensified focus on the untapped potential at Safeway (SWY +8.4%) is helping to lift some other grocery store stocks on a day in which market averages are down.
  • Advancers: SuperValu (SVU) +0.7%, Kroger (KR) +0.9%, Roundy's (RNDY) +1.4%, Delhaize Group (DEG) +1.8%.
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