Picked up 5k more today.Will be holding for 15 years in my IRA. Sales in the Midwest have been outstanding for the 1st 5 months of 2012.I fully expect SVU to report vastly improved same store sales figures in the next quarterly report.GLTA
Keep an eye on your risk. Even if you work for the company and know that sales are strong in the Midwest, this doesn't mean they are strong elsewhere. Regional/format differences have always been significant for SVU; I imagine that is true for Albertson's as well.
The only risk is bankruptcy which is not going to happen.At todays price and yield my shares that are tucked away deep in an IRA will be FREE by my retirement time just by accepting the dividends into my account.An absolute no brainer.See you in 15 years.GLTA
same around chicago and St Louis. people leaving dominicks (safeway) for Jewel ( SVU). pharmacy drawing business since 1/1/12 from the WAG/ESRX fallout. Prescriptions + groceries will bring a bump up in sales. commodity prices dropping so the margin will be increasing.