Safeway 2007 Annual Report Download - page 6

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Building on the momentum created after retooling our strategy, we
achieved strong earnings growth in 2007 driven by steady sales gains
and operating and administrative expense leverage.
F I N A N C I A L H I G H L I G H T S
For the year (dollars in millions, except per-share amounts) 2007 2006 2005
Sales and other revenue $ 42,286.0 $ 40,185.0 $ 38,416.0
Gross profit 12,152.9 11,581.0 11,112.9
Operating profit 1,772.1 1,599.8 1,214.7
Net income 888.4 870.6 561.1
Diluted earnings per share 1.99 1.94 1.25
Cash capital expenditures 1,768.7 1,674.2 1,383.5
At year-end 2007 2006 2005
Common shares outstanding (in millions) (Note 1)
440.1 440.1 449.4
Retail square feet (in millions) 80.3 80.8 81.0
Number of stores
1,743 1,761 1,775
Note 1: Net of 149.2 million, 142.4 million and 130.7 million shares held in treasury at year-end 2007, 2006 and
2005, respectively.
4
S A F E W A Y I N C .