Safeway posts higher quarterly profit
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Safeway Inc. , the No. 3 U.S. grocer, posted a higher quarterly profit on Thursday, as remodeled stores, fresh produce and prepared meals helped it to lure shoppers.
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Safeway posted a 77 percent rise in quarterly profit, helped by a tax benefit in the latest quarter.
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Grocery chain operator Safeway Inc.  SWY.N on Wednesday set a 2005 earnings per share goal that  was below analysts' expectations, with added marketing expenses  and lingering impact from a strike at its Vons stores weighing  on profits.
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Diversified health-care company Johnson & Johnson  on Tuesday said its quarterly profit rose on higher sales of prescription drugs and medical devices.
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Ketchup maker H.J. Heinz Co.  on  Thursday posted higher quarterly profit, lifted by sales of new  products and increased prices.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Department store operator J.C. Penney  Co. Inc.  on Thursday reported higher quarterly profit,  as fine jewelry, children's and women's accessories sold well.
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Kroger Co.  said on Tuesday that quarterly profit rose 15.8 percent and raised its 2006 earnings view, sending its shares to their highest level in five years, as the grocery chain benefited from remodeled supermarkets, lower prices and improved products.
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Kroger Co. KR.N, the top U.S.  grocer, on Tuesday said quarterly profit rose 29 percent as it  kept a tight rein on expenses and sales rebounded.
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Fourth-quarter earnings rose 42 percent from a year ago as profit margins at its U.S. stores improved despite higher commodity costs.
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- Safeway Inc. , the No. 3 U.S. grocer, posted a higher quarterly profit on Thursday, as remodeled stores, fresh produce and prepared meals helped it to lure shoppers.
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Safeway Inc. SWY.N, the  third-largest U.S. grocer, on Tuesday reported a lower  quarterly profit as it grappled with lingering costs from a  labor strike in California earlier this year.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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PepsiCo, the world's No. 2 soft drink company, said quarterly profit rose due to tax benefits and a strong performance from its Frito-Lay snack business.
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Kimberly-Clark Corp.  posted a  higher quarterly profit on Tuesday as savings from its  restructuring plan helped offset higher fiber costs, and raised  its full-year earnings forecast.
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Fourth-quarter profit climbed 61 percent, led by strong performances from its international and Frito-Lay divisions.
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Walgreen Co. , one of the largest U.S. drugstore chains, posted a higher quarterly profit on Monday, boosted by new stores.