Food Retail

Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....

Supervalu Inc (NYSE: SVU) reported a 10% rise in its first-quarter net income. Supervalu reported its quarterly earnings at $74 million, or $0.35 per share, up from $67 million, or $0.31 per share, in the year-ago period. Excluding charges for closing stores and a labor dispute, Supervalu's...

Lockheed Martin Corporation (NYSE: LMT) is projected to report its Q2 EPS at $1.93 on revenue of $11.42 billion. Ford Motor Company (NYSE: F) is estimated to report its Q2 earnings at $0.60 per share on revenue of $31.59 billion. Eastman Kodak Company (NYSE: EK) is expected to report a Q2 loss...

This is your Benzinga news summary and traders' outlook for Monday, July 25, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after Congress failed to work out a deal to raise the debt ceiling over...

International Paper Company (NYSE: IP) dipped 3.86% to $29.67 in the pre-market session. IP's trailing-twelve-month profit margin is 4.46%. Chesapeake Energy Corporation (NYSE: CHK) lost 2.38% to $33.57 in the pre-market session. CHK's trailing-twelve-month ROE is 6.42%. Safeway Inc (NYSE: SWY)...

United Natural Foods, Inc. (Nasdaq: UNFI) today announced that it has signed a three-year distribution agreement with Safeway Inc. (NYSE: SWY). A brief transition period from Safeway's current distributors is expected, which will coincide with the termination of the current distributors'...

First Global is out with its report today on Safeway (NYSE: SWY), reiterating Underperform. In a note to clients, First Global writes, "On the valuation front, the stock currently trades at a P/E of 12.2x our CY11 proforma diluted EPS of $1.72 and an EV/EBIDTA of 4.2x our CY11 estimates, which...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

Whole Foods Market (NASDAQ: WFM) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's third quarter earnings announcement. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS...

Morgan Stanley is out with a research report on Safeway Inc. (NYSE: SWY) and it has an Underweight rating and a $16 price target on shares. In a note to clients, Morgan Stanley writes, "SWY reported disappointing 2Q results, with both volumes and margins adversely impacted by inflation. As this is...

According to Jefferies, Safeway (NYSE: SWY) reported roughly in-line EPS in 2Q, however margin and sales trends remain muted as rising inflation offsets still sluggish volumes. Jefferies said that with inflation poised to accelerate in 2H and a still weak employment picture, there appears to be...

Morgan Stanley provided color on Supervalu (NYSE: SVU). In a research report published today, the rating agency states, “We believe the share price will fall in absolute terms over the next 15 days. This is because of an earnings release. Safeway (SWY) reported inflation-related volume declines...

Jefferies & Company has lowered the price target on Safeway (NYSE: SWY) from $25 to $24 and maintains its Hold rating.

Below are the top grocery stores stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Kroger Company (The) (NYSE: KR) is 22.87%. KR's PEG ratio is 1.29. The trailing-twelve-month return on equity at Ruddick Corporation (NYSE: RDK) is 14.32%. RDK's revenue...

Shares of SUPERVALU (NYSE: SVU) are higher on the session by 0.32%, trading at $9.27. Overall call volume is now running at 2.64x the daily average, with 86% of all calls traded being purchases on the offer. 5,673 contracts have traded on the session so far. SUPERVALU Inc. is a United States...