Safeway 2002 Annual Report Download - page 3

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SAFEWAY INC. 2002 ANNUAL REPORT 1
52 Weeks 52 Weeks 52 Weeks
(Dollars in millions, except per-share amounts) 2002 2001 2000
FOR THE YEAR
Sales $32,399.2 $31,797.0 $29,441.5
Gross profit 10,096.4 9,849.6 8,789.5
Operating profit 1,673.3 2,535.7 2,264.5
Income from continuing operations before
cumulative effect of accounting change 568.5 1,286.7 1,154.2
Net (loss) income (828.1) 1,253.9 1,091.9
Diluted earnings per share:
Income from continuing operations before
cumulative effect of accounting change 1.20 2.51 2.26
Net (loss) income (1.75) 2.44 2.13
Cash capital expenditures 1,370.5 1,672.3 1,435.7
AT YEAR-END
Common shares outstanding (in millions) (Note 1) 441.0 488.1 504.1
Retail square feet (in millions) 74.6 71.8 66.5
Number of stores 1,695 1,656 1,570
Note 1: Net of 132.0 million, 82.7 million and 64.3 million shares held in treasury at year-end 2002, 2001 and 2000, respectively.
FINANCIAL HIGHLIGHTS
Sales
98
$24.1
99
$26.3
00
$29.4
01
$31.8
02
$32.4
Diluted Earnings per Share:
Income from Continuing
Operations before Cumulative
Effect of Accounting Change
98
$1.59
99
$1.91
00
$2.26
01
$2.51
02
$1.20
Income from Continuing
Operations before Cumulative
Effect of Accounting Change
98
$807.7
99
$984.2
00
$1,154.2
01
$1,286.7
02
$568.5