Grocer Safeway posted net income from continuing operations for the third quarter ended September 8 of $108m (£67.2m) compared with $130.3m (£81m) in the same period last year.

Total sales and other revenue, including US and Canadian operations, were flat at $10bn (£6.22bn).

Higher fuel revenues helped counter lower sales due to the disposal of Genuardi’s stores and an unfavourable Canadian exchange rate.