Safeway 2008 Annual Report Download - page 89

Download and view the complete annual report

Please find page 89 of the 2008 Safeway annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

SAFEWAY INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
Note O: Quarterly Information (Unaudited)
The summarized quarterly financial data presented below reflect all adjustments, which in the opinion of management,
are of a normal and recurring nature necessary to present fairly the results of operations for the periods presented.
(Rounding affects some totals. In millions, except per-share amounts.)
53 Weeks
Last 17
Weeks
Third 12
Weeks
Second 12
Weeks
First 12
Weeks
2008
Sales and other revenue $ 44,104.0 $ 13,815.9 $ 10,169.3 $ 10,120.0 $ 9,998.8
Gross profit 12,514.8 3,975.8 2,795.6 2,865.2 2,878.3
Operating profit 1,852.7 613.0 386.3 451.6 401.9
Income before income taxes 1,504.6 503.8 312.0 371.9 317.0
Net income 965.3 338.0 199.7 234.3 193.4
Net income per share – basic $ 2.23 $ 0.79 $ 0.46 $ 0.54 $ 0.44
Net income per share – diluted 2.21 0.79 0.46 0.53 0.44
52 Weeks
Last 16
Weeks
Third 12
Weeks
Second 12
Weeks
First 12
Weeks
2007
Sales and other revenue $ 42,286.0 $ 13,356.4 $ 9,784.5 $ 9,823.3 $ 9,321.8
Gross profit 12,152.9 3,831.9 2,789.4 2,801.1 2,730.6
Operating profit 1,772.1 597.7 391.0 422.4 361.0
Income before income taxes 1,403.6 480.3 307.0 338.1 278.2
Net income 888.4 301.1 194.6 218.2 174.4
Net income per share – basic $ 2.02 $ 0.68 $ 0.44 $ 0.50 $ 0.40
Net income per share – diluted 1.99 0.68 0.44 0.49 0.39
69