SLOW, STEADY GROWTH CALLED BEST FOR RETAILERS

MINNEAPOLIS -- The U.S. supermarket companies with the strongest earnings prospects are those taking a slow, steady approach to growth, according to Brooks O'Neil, a securities analyst at Piper Jaffray here.Chains that have tried to grow too much, too fast are not likely to perform as well financially in the near term, O'Neil said.Piper Jaffray was the host of a recent investor conference that featured

MINNEAPOLIS -- The U.S. supermarket companies with the strongest earnings prospects are those taking a slow, steady approach to growth, according to Brooks O'Neil, a securities analyst at Piper Jaffray here.

Chains that have tried to grow too much, too fast are not likely to perform as well financially in the near term, O'Neil said.

Piper Jaffray was the host of a recent investor conference that featured a number of leading U.S. supermarket retailers and distributors.

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