Skip to main contentdfsdf

Jay Chan's List: SWY (Safeway)

  • May 29, 09

    www.sec.gov/...d10k.htm retail-merchant supermarket

    • Margins improved in 2006 to 2+% from 1.5% in 2004 and 2005. Both these years were affected by strike - Jay Chan on 2009-05-29
    • There was also huge writedowns in 2002 and 2003 from adoption of FASB 142 which replaced annual goodwill amortization with annual evaluation of fair value. It means that the historical goodwill amortization understated the decline in value of the goodwill on the assets. - Jay Chan on 2009-05-29
1 - 1 of 1
20 items/page
List Comments (0)