(Reuters) - NEW YORK, July 19 - Safeway Inc. posted lower quarterly profit on Thursday compared with a year ago when its earnings were boosted by a tax settlement, but its results were higher than Wall Street expected as sales rose almost 5 percent.
The No. 3 U.S. grocer also said it was "on track" to post full-year earnings toward the top end of its previous forecast range.
Read more at Reuters.com Market News
The No. 3 U.S. grocer also said it was "on track" to post full-year earnings toward the top end of its previous forecast range.
Read more at Reuters.com Market News
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