SOURCE: World Street Fundamentals

June 17, 2011 09:00 ET

Equity Research on Smithfield Foods, Inc. and Safeway Inc. - Something Good Is Cooking

HONG KONG--(Marketwire - Jun 17, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Smithfield Foods, Inc. (NYSE: SFD) and Safeway Inc. (NYSE: SWY). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

An unfavorable operating environment led to intense pricing competition in 2010, it is believed a more stable economic environment will help support margins in 2011. Acceleration in food price inflation in 2011 may adversely impact margins as consumers trade down and become increasingly sensitive to buying on promotion to avoid higher prices. However 2011 may look forward with an improved economic environment, this may show improved transaction sizes and lead to a reduction in pricing competition. Year to date ended June 3, 2011; the S&P Food Retail Index increased 4.4%, compared to a 3.6% rise for the S&P 1500.

World Street Fundamentals has highlighted Smithfield Foods, Inc., as it produces and markets a range of fresh meat and packaged meat products both domestically and internationally. The Company operates in five segments: Pork, International, Hog Production, Other and Corporate. The Pork segment consists of three wholly owned United States fresh pork and packaged meats subsidiaries. The International segment is comprised of meat processing and distribution operations in Poland, Romania and the United Kingdom, as well as interests in meat processing operations in Western Europe and Mexico. The entire report on Smithfield Foods, Inc., (NYSE: SFD) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted Safeway Inc. because it is a food and drug retailer in North America. As of January 1, 2011, the Company had 1,694 stores. Safeway owns and operates GroceryWorks.com Operating Company, LLC (GroceryWorks), an online grocery channel doing business under the names Safeway.com, Vons.com and Genuardis.com (collectively Safeway.com). Safeway also has a 49% ownership interest in Casa Ley, S.A. de C.V. (Casa Ley), which operates 168 food and general merchandise stores in Western Mexico. The entire report on Safeway Inc. (NYSE: SWY) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

About World Street
World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets. Covering the top performers in the hottest sectors and providing clarity to investors around the world.

Contact Information