With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
We are a stronger company today than pre-merger,” Chief Financial Officer Shannon McCollam said on a call with analysts.
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...
Albertsons Companies reported a 1.2% increase in sales for Q3, totaling $18.774 billion, slightly missing estimates.
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
Outlook: Albertsons raised FY24 adjusted EPS outlook from $2.20 – $2.30 to $2.25 – 2.31 versus an estimate of $2.26. ACI expects FY24 identical sales growth of 1.8% – 2.0% (previously 1.8% ...
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
The grocery chain raised its profit outlook for 2024, but tempered its same-store sales guidance With no Kroger Co. merger to rely on, grocery chain Albertsons Cos. Inc. on Wednesday said it would ...
Outlook: Albertsons raised FY24 adjusted EPS outlook from $2.20 – $2.30 to $2.25 – 2.31 versus an estimate of $2.26. ACI expects FY24 identical sales growth of 1.8% – 2.0% (previously 1.8% – 2.2%).
Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a [fe ...