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Safeway Inc. CEO Discusses Q3 2010 Results - Earnings Call Transcript

Safeway Inc. (SWY)

Q3 2010 Earnings Call Transcript

October 14, 2010 11:00 am ET

Executives

Melissa Plaisance – SVP, Finance and IR

Steve Burd – Chairman, President and CEO

Robert Edwards – EVP and CFO

Analysts

Scott Mushkin – Jefferies

Karen Short – BMO Capital

John Heinbockel – Guggenheim

Ed Kelly – Credit Suisse

Robby Ohmes – Bank of America Merrill Lynch

Neil Currie – UBS

Jonathan Feeney – Janney Montgomery Scott

Alton Stump – Longbow Research

Sean Kras – Barclays Capital

Deborah Weinswig – Citigroup

Mark Wiltamuth – Morgan Stanley

Bob Summers – Susquehanna

Andrew Wolf – BB&T

Presentation

Operator

Welcome to the Safeway Third Quarter 2010 Conference Call. At this time, all participants are in a listen-only mode. (Operator instructions)

I will now like to turn the call over to Ms. Melissa Plaisance, Safeway’s Senior Vice President of Finance. Please go ahead.

Melissa Plaisance

Good morning, everyone, and thank you for joining us for Safeway’s third quarter earnings conference call. With me this morning is Steve Burd, our Chairman, President and CEO; and Robert Edwards, Executive Vice President and Chief Financial Officer.

Before I hand the call over to Steve, I’d like to remind you that management will make statements during this call that includes forward-looking statements within the meaning of the federal securities laws. Forward-looking statements contain information about our future operating or financial performance.

Forward-looking statements are based on our current expectations and assumptions and involve risks and uncertainties that could cause actual results or events to be materially different from those anticipated. However, we undertake no obligation to update or revise any such statements as a result of new information, future events or otherwise. For a list and description of those risks and uncertainties, please see our filings with the SEC.

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