Brian Kelly Likes SWY

Brian Kelly of Kanundrum Capital spoke about recent earnings reports in retail, on CNBC's Fast money show. He pointed out that Whole Foods Market, Inc. (NASDAQ: WFMI) posted better than expected results and upped guidance, and Winn-Dixie Stores, Inc. (NASDAQ: WINN) missed beating the expectations, but also upped guidance. Brian Kelly added that he smells a trend here and wants to buy Safeway Inc. (NYSE: SWY) ahead of its earnings report. Safeway (SWY) reports earnings on February 25th. It gained 1.61% today and closed at $22.77.