It reported third quarter results before the bell and shares stand at US$25.72- up over 5%
Net earnings were $397 million, or $0.44 per diluted share, and identical supermarket sales growth, without fuel, was 1.1% in the third quarter of 2017.
Shares closed out Wednesday, up 2.78% to US$223.10 each.
Also before the bell, Synopsys Inc (NYSE:SNPS) is up 0.41% to US$95.80 after the group posted strong fourth-quarter fiscal 2017 results, wherein the top and bottom line both came ahead of the respective Zacks consensus estimates.
Meanwhile , Zumiez Inc (NASDAQ:ZUMZ) shares added over 3% to US$21.50 as it is expected to post quarterly earnings of US$0.47 per share on revenue of US$241.58 million. Zumiez is a specialty clothing store founded in 1978.