Von's owner reports higher profit

Thursday, Sept. 30, 1999 | 10:48 a.m.

PLEASANTON, Calif. -- Safeway Inc. today reported net income of $223.4 million or 44 cents per share for the third quarter ended Sept. 11 compared to $193.7 million or 38 cents for the third quarter of 1998.

Third quarter sales increased 15.9 percent to $6.5 billion, primarily because of the acquisitions of the Dominick's and Carrs chains. Comparable-store sales increased 1 percent.

Safeway operates the Vons grocery store chain in Las Vegas.