SAFEWAY SEES STRIKE HURTING ITS EARNINGS

OAKLAND, Calif. -- Safeway here said it expects the United Food & Commercial Workers Union strike -- now in its second week -- to have an adverse effect on second-quarter sales and operating results.Although observers said the economic effects of the strike have probably been minimal to Safeway thus far, a prolonged job action could curtail results in the period ending in late June, observers agreed.

OAKLAND, Calif. -- Safeway here said it expects the United Food & Commercial Workers Union strike -- now in its second week -- to have an adverse effect on second-quarter sales and operating results.

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