Safeway (SWY +13.5%) rallies after beating analyst profit estimates by a wide margin with its Q4...

|About: Safeway Inc. (SWY)|By:, SA News Editor

Safeway (SWY +13.5%) rallies after beating analyst profit estimates by a wide margin with its Q4 report. Though margins are still razor-thin, the grocery store operator managed to keep same-store sales growth in positive territory. Even better, execs noted that same-store sales rose 2% duringr the first eight weeks of Q1 as the company's loyalty program gains favor with customers.